October 9, 2008 / White Oaks Wealth Advisors

Ugh!!!!!!!

Today was another ugly in the markets. It seems we’re at the point where logic has been thrown out the window and the “market shrinks” need to step in. The “sound bites” don’t tell the whole story. Here are some links that may provide some additional insight.

Trichet Engineers `Regime Change’ at ECB as Europe Banks Totter – Bloomberg News

U.S. May Take Ownership Stake in Banks – The New York Times

Your Money: Switching to Cash May Feel Safe, but Risks Remain – The New York Times

WSJ.com – As Dire as the Times May Seem, History Isn’t About to Repeat Itself – The Wall Street Journal

Mobius Looking At Brazil, China, Russia After Slump – Bloomberg News

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Investment advisory services provided by White Oaks Wealth Advisors, Inc. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.