[media-downloader media_id=”3986″ texts=”Download PDF” class=”cherry-btn”] Index Month / Year to Date Dow Jones +7.28% S&P 500 +8.00% NASDAQ +9.78% Barclay’s Agg +1.06% 10yr UST began the month at 2.68% and finished at a yield of 2.62% We had a partial swap and sold AmTrust preferred securities AFSI 7.5% 9/15/55 (BB+) and purchased Best Buy bonds- …
The extreme volatility that rocked the stock market in October and November not only continued in December, but got worse. Just before the Christmas holiday, Wall Street was on track for posting the worst year since the height of the Financial Crisis in 2008, its worst December since the Great Depression, and its worst Christmas Eve ever.*
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