Choppy markets yield rewards by David Massart, president of Wauwatosa-based Next Generation Wealth Management Inc.
There may not be a better word than “resilient” to describe the investment environment in the first quarter of 2011. Despite continued economic trouble across Europe, revolts and regime changes throughout North Africa and the Middle East, a devastating earthquake, tsunamis and subsequent nuclear disaster in Japan, oil prices remained elevated, and near $4 per gallon gas prices on average, investors in the U.S. financial markets experienced one of the best first quarters in many years.
Predicting the exact outcome of all of these events is, of course, impossible. However, our expectation is that none of these risks will derail the continued gradual improvement to a global economic recovery.
Read more here in the latest issue of BizTimes Milwaukee.