May 14th Weekly Market Update

A bumpy road ahead is the best way to describe the summer months ahead.  We continue to see good slow growth from the US in the earnings and expansion.   That being said, we continue to sift through the uncertainty of the European Markets and their debt crisis.  Last week this was increased with a changing of the guard in France and Greece.  Although this was somewhat unexpected, the situation remains somewhat the same.  There is no quick fix for Europe and it will take a while for things to work out.  We still believe that this will not derail the global markets and we should expect volatility from headline news and slow but sustainable growth from much of the global economies. 

Bob Doll Weekly Investment Commentary May 14, 2012