Why 2011 Isn’t 2008

With the recent headlines and stock market volatility, you may be wondering if we are seeing a repeat of the market activity of 2008. Recently, stocks declined sharply in response to the U.S. debt downgrade, continuing European sovereign debt troubles and concerns about a general slowdown in the global economy. And, at the same time these issues are occurring, the market is also growing increasingly concerned about slowing economic growth at home based on recent economic reports.

 

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