Merry Christmas

The staff and writers of "Thoughts from Scott", would like to take time to wish all of our loyal blog readers a very, Merry Christmas, this holiday season. This year has been a very interesting one in the stock markets as we have been on a roller coaster ride from the beginning of the year as we watched the market trend down to the lows in March, only to rebound and recover gains that most people would have never thought possible. Investors and market watchers breathed a sigh of relief as they saw their portfolios and retirement accounts recover much of the losses from 2008 and early 2009. Most are optimistic of a continued bull market into 2010, although one should not expect the same percentage gains next year. The one downside for some is the continued low interest rate environment which continues to plague CD buyers and money market savers across the nation. Those expecting inflation to push the Fed to begin to raise rates, have been frustrated as they renew their CD's into lower and lower rates. Some have decided to try bonds for higher yields, or dip their toes back into the equity markets for high quality, dividend paying stocks. So let the Santa Claus rally continue and let's enjoy the fruits of the season!