Edited by J. Michael Stolp. These views should not be construed as investment advice.
Quote of the month. “Discovery consists of seeing what everybody has seen and thinking what nobody has thought.”– Albert Szent-Gyorgyi
The month in brief. If the economy was downtrodden, the stock market sure was upbeat – at the end of April, blue chips were wrapping up their best two months since 2003.1 As headlines and nightly news relayed anxiety about banks and automakers, Wall Street advanced powerfully. The three major indexes gained between 7.3 and 12.4% in April.2 Statistics indicated gloom, but confidence returned to consumers and investors.
Posted by J. Michael Stolp 
