Economic News* Housing starts increased 7.2%
* Existing Home sales rose 3.6%
* ' Cash for Clunkers' will end early August 24th
S&P 500
Sector Returns
* Energy had the highest return 3.4%
* Healthcare came in a close 2nd 3.0%
* Technology continues to lead the YTD, 40%
Most Investors are continuing to pour money in to bond funds,which means most investors are painfully underweight in stocks relative to their long-term risk tolerance and financial goals. Maybe other investors could learn a lesson from our clients about planning, diversification, and rebalancing?
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