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Read an excerpt from Louis Rukeyser's Wall Street September 2008 Commentary:
Timeless Advice From Lou
As We Endure A Difficult Market
By Nikolas Lanyi
The past month brought us troubling news on the economic front: inflation is rising, even as the U.S. economy continues to show signs of slowing—and Europe looks like it’s on the verge of a recession.
On the other hand, falling oil prices held out hope for some relief at the pump, and the dollar’s stabilization could help Americans as they purchase foreign goods and, eventually, ease the need for the Fed to raise interest rates (although inflation will be the key factor there). On the other hand, falling oil prices held out hope for some relief at the pump, and the dollar’s stabilization could help Americans as they purchase foreign goods and, eventually, ease the need for the Fed to raise interest rates (although inflation will be the key factor there)....
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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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