Quarterly Review – June 30, 2010

June 30th, 2010   •   Comments Off on Quarterly Review – June 30, 2010   

The market recovery which began in March 2009 gave way to a correction in the second quarter. A confluence of events raised concerns about the sustainability of the global economic recovery triggering a market correction that was more severe than anticipated. No area of the market was spared in the pullback which left many companies significantly undervalued.

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