PSB Portfolio Updates
PSB Portfolio Update March 2009
March 17, 2009 To say the last month has been a difficult one for the market would be an under-statement. At one point, the Russell 2000 was down 23% (31% for the year) to levels not seen since early 2003. The bears were giving the bulls an old fashioned mauling 1929 style. But, thanks to […]
PSB Portfolio Update February 2009
February 17, 2009 Small Cap Stocks Showing Strength According to a Wall Street adage, small cap stocks usually outperform large cap stocks in the first twelve months following a recession. If recent market action is any guide, small caps are setting up to once again lead the market out of a recession. The mainstream financial […]
PSB Portfolio Update January 2009
January 15, 2009 Not the January Effect everyone was looking for in last month’s update After briefly topping 500 to start the year, the Russell 2000 has been moving steadily lower. Year to date, this index of 2,000 small companies is down 9.3%. Large company stocks aren’t holding up much better. The Dow Jones Industrials […]
PSB Portfolio Update December 2008
December 15, 2008 It’s no secret 2008 has been a difficult year. The economy fell into recession. The housing market imploded. A credit crisis swept through and crippled our financial system. Fannie Mae and Freddie Mac nearly failed forcing a government takeover. The Fed loaned banks, investment firms, and insurance companies an unprecedented $2 trillion. […]
PSB Portfolio Update November 2008
November 2008 Dear Subscribers, Clearly the market’s been quite volatile over the last few weeks. We thought the presidential election would add some stability, but all it did was serve as a distraction. The “Obama Wins” rally lasted all of three days. Then the market started falling again. The downtrend has been matched with continued […]
PSB Portfolio Update October 2008
October 2008 Hello Subscribers. Nothing major to report right now. A few bits of news on a couple of our current positions. More to come in the coming weeks… …InfoGroup (IUSA) Early this month IUSA announced a new head of sales out of Europe. This is very positive showing the company’s pursuing their international strategy. […]
