Three articles to send nervous clients
Date: 2009-08-10
Tags: Client communication
Here are three articles from this past weekend's Barron's, New York Times and Wall Street Journal to reassure nervous clients.
On Saturday, the Wall Street Journal wrote that "the U.S. economy's natural healing tendencies are asserting themselves and the American economy is poised for a rebound."
WSJ.com - Opinion: A Jobs Bottom
Also on Saturday, an article in the New York Times outlines how a recovery is underway, in large measure due to U.S. actions to forestall a more serious economic decline.
BUSINESS | August 08, 2009
Economic Scene: As Economy Turns, Washington Looks Better
By DAVID LEONHARDT
Finally, today features positive comments in Barron's from the chief global equity strategist at the Merrill Lynch unit of Bank of America.
Barrons.com - Bidding Farewell to the Recession*
As well, here are recent interviews with Wharton finance professors Franklin Allen and Jeremy Siegel offering contrasting reactions to the large second-quarter profits at Goldman Sachs and J.P. Morgan.
Wall Street Report.http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=2291
On a different topic, for clients considering taking advantage of beaten down U.S. real estate prices, here's a useful article from last Friday's New York Times.
YOUR MONEY | August 08, 2009
Wealth Matters: There's Value in Real Estate, if You Find Your Florida
By PAUL SULLIVAN
Seek places like the slumping Sunshine State, where a rebound in real estate is more likely when baby boomers eventually begin to retire there.
Many advisors have got a positive response to articles such as these emailed to clients. For advisors looking for a regular source of articles to email clients, every Wednesday Greenlightadvisor.com posts articles from the previous week to their website.
For last Wednesday's articles, click here:
http://greenlightadvisor.com/advisor/?p=528
And if you're looking for even more evidence that the worst is behind us, here are two more stories from Saturday's New York Times:
BUSINESS / ECONOMY | August 08, 2009
Job Losses Slow, Signaling Momentum for a Recovery
By LOUIS UCHITELLE and JACK HEALY
The most heartening employment report since last summer suggested on Friday that a recovery is under way despite the reluctance of the nation's businesses to resume hiring or even stop shedding jobs.
BUSINESS | August 08, 2009
Stocks and Bonds: Bulls Send Markets to Heights Last Seen in 2008
By JACK HEALY
An unexpected drop in the jobless rate and a profit at A.I.G. sent investors into a frenzy of buying.

