Bruce Simon, CIO at Ballentine Partners, was quoted in a recent article in the Wall Street Journal: “US Stocks Fall, Capping Strong Month On Weak Note; DJIA Off 23.” The piece describes the stellar performance of equity markets in September 2010 and the lingering weaknesses still present in the economy.
“[The data were] not inconsistent with the general view that the economy is still struggling here…What people are doing is just…trying to book some gains from an unusually strong September.”
Learn more about Bruce Simon.