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Home > October 2009

October 2009

November 3rd, 2009 at 05:23 am

Cash & Savings: $97.529 (5.66%)
Foreign Currency: $29,573 (-0.17%)
US Brokerage: $87,136 (2.98%)
Overseas Brokerage: $44,379 (2.07%)
401(k): $40,460 (2.84%)
IRA: $70,950 (0.50%)
Roth IRA: $17,839 (1.25%)
Total Assets: $387,596 (2.72%)

The strong start of October faded away at the end of the month. I haven't seen such a big drop in emerging markets in such magnitude for a long time in the last week of October.

The latest report says the US economy showed a gain of more than 3% and as a result more talkes about whether this is a V-shaped, U-shaped, or W-shaped recovery have mushroomed all over the media. It's hard to say, but so far the recovery doesn't seem to have legs, just an inventory rebound.

2 Responses to “October 2009”

  1. Jerry Says:
    1258154693

    They can say that this "recovery" is shaped like any letter of the alphabet they want... it's not going to lead me to believe that this situation is going to have any kind of a quick fix. It's been a long time in developing, and there is really no insurance that this kind of mismanagement gets resolved quickly. Alas.
    Jerry

  2. Easy Cloud Says:
    1260244469

    I completely agree with you, Jerry. Despite all the misforturne shared by millions of people domestically and who knows how many globally the truth is that most people are still living quite well and it is not enough to push for any major changes in the society.

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