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Leigh Baldwin & Co.

112 Albany Street, Cazenovia, NY 13035 | Phone: (315) 655-2964 Toll Free: 1-800-659-8044

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Diamonds and Dogs

A Big "W" for "W"

A Big "W" For "W"

This week marked the presumed end of military operations in Iraq. For sure, there will still be over 50,000 of our courageous soldiers still stationed there as they transition to a new order but with much fanfare and deserving gratitude to the military, the seven year long war in Iraq is over. The attention will now go to Afghanistan as the surge moves across the continent. Investors took the news, like most news this year, with a shrug and refocused on jobs and even though the unemployment rate bounced up to 9.6% as of Friday, investors cheered and rallied stocks into the long weekend. After the worst August since 2001, it was nice to have a week with stocks solidly in the green. As president Obama pointed out, much more work needs to be done as the jobless, uninspired recovery moves forward.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.