WEDNESDAY JUNE 2, 2010

Strong Day

The Dow finished the day up 225!  What changed?  Well, nothing! The oil is still flowing in the Gulf.  The Euro is still weak.  Middle East tension is high and Korea remains a hot spot.  The Prime Minister of Japan resigned.  Ford is killing the Mercury brand.  No shortage of negativity.  So why the rally?

Maybe things are not a bad as the media is telling us?  Just a guess!

POSTED AT 1899-12-30 16:04:00.0

KEN ENTENMANN, CFA
SENIOR VICE PRESIDENT AND
THE DIRECTOR OF INVESTMENT MANAGEMENT SERVICES

Ken is a Senior Vice President and the Director of the Trust and Investment Services at Alliance Bank, N.A. He has 23 years of investment experience and oversees the management of assets totaling $1 billion. He holds a B.S. in Applied Economics and Business Management from Cornell University and an M.B.A. from the William E. Simon Graduate School of Business Administration at the University of Rochester. He has also earned his Chartered Financial Analyst designation. He is a member of the Executive Committee of the Trust Division of the New York Banker's Association. He is also a director of the Central New York Community Foundation.

RECENT POSTS

Better Unemployment Number

The "Safety of Bonds" Myth

Just like that!

Ugly August

Bright Side of Double Dip Fears

All eyes on Wyoming

Lack of Business Confidence

Are bonds forecasting a double dip?

Are rates too high?

Slowdown?