Sunday, July 25, 2010

New Decade, New Directions

There's nothing magic about entering a new decade, yet each tends to generate its own label: the Roaring'20s," the "Depression-Era '30s," the Swinging '60s " In hindsight, we may even refer to the decade just finished as the "Terrible 2000s" or the "Naught-Oughts" because the stock market finished the decade exactly where it starterd. Each decade seems to carry its own signature in social trends, as well as economic forces that impact those social trends. In the past 10 years, we saw the twin stock market peaks of 2000 and 2008, two bear markets and then substantial rebounds. It was a decade in which we learned to understand volatility.

In the days ahead we will explore how your perspective may determine your prospects for success.

Barry Bulakites

No comments:

Post a Comment