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November Investment Commentary - Roosevelt Investments

Posted by Michael J. O'Connor | CWS®, Vice President Investments
November 26, 2012

Roosevelt Investments' November commentary reviews the latest corporate earnings, investor sentiment, and outlooks for the fiscal cliff and tax changes in 2013. "After a strong September, the stock market ceded ground in October and ended the month about 2% lower than where it began. Third quarter earnings were disappointing as many companies struggled to achieve more than modest revenue growth. Guidance for future growth was lackluster given macroeconomic pressures from Europe and China in addition to fiscal cliff-related uncertainty. Housing data continues to point toward recovery, while the employment picture remains mixed."

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