Fourth Quarter 2010 Market Review & Outlook

Steven Roge, CFMC

Our investment thesis laid out this time last year was one of caution. We were receiving mixed signals from the market and economies. On one hand equity markets were coming off one of the best years in its history in 2009 and fixed income markets were hitting new highs too. The economy was still on the verge of deflation and very-low GDP growth.

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