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Read an excerpt from Louis Rukeyser's Wall Street December 2008 Commentary:
That Light Isn’t a Train
By Benjamin Shepherd
The Year of Volatility: That’s how 2008 will be remembered.
The S&P 500 lost almost half its value over the course of the year, and the TED Spread, a measure of the willingness of banks to lend to one another, hit unprecedented levels amid a breakdown of confidence.
But 2009 should be a better year. Economists and market analysts alike forecast a turn in the second half of the year, and already the Chicago Board Options Exchange Volatility Index, or VIX, a measure of market volatility, is beginning to settle down.
Click here to read the rest.
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Louis Rukeyser
1933-2006
As many of you know, Louis Rukeyser died May 2, 2006, at his home in Connecticut. We have lost a great man who was an inspiration to millions of investors — and to those of us who had the honor of working with him.We remain committed to the values that Lou advanced so vigorously during his legendary career, and we will continue his mission of helping individual investors make their financial dreams come true.
We'll continue to "lay it on the line", teaching you how to look beyond today's news to build tomorrow's wealth. It's no fun to watch your net worth bounce around like a yo-yo. What's key to remember is why we own stocks in the first place: because over any long-term period you care to choose, stocks have paid off like no other investment. We promise to bring you the experts and expertise that will continue this tradition.
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