Weekly Viewpoint

  • August 2010

    09

    Market Inches Higher as Fears of a Double Dip Fade

    by Mike Schwager
    Week in Review 8/2/2010 – 8/6/2010 The major market indices finished the week moderately higher on growing confidence a double-dip recession has been averted. Performance for Week Ending 8/6/2010 The Dow Jones Industrial Average (Dow) added 1.79%, the Wilshire 5000 Total Market IndexSM (Wilshire 5000
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  • July 2010

    26

    Strong Earnings Bring Buyers Back into the Markets

    by Mike Schwager
    Week in Review 7/19/2010 – 7/23/2010 The major market indices finished the week higher reflecting solid second quarter earnings, improving economic conditions in Europe, and no “smoking gun” in the European stress test results. Performance for Week Ending 7/23/2010 The Dow Jones Industrial Average (Dow) added 3...
    Read Article...
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AUTHOR BIO

Mike Schwager

Managing Director Chief Market Strategist

In his role as Chief Market Strategist, Mike is responsible for analyzing trends in the economy and financial markets. Mike joined Claymore in August 2006 as a Regional Vice President covering Connecticut and Westchester County, N.Y.

Prior to joining Claymore, Mike served as the Director of Private Client Research and Strategy at Merrill Lynch/Advest in Hartford, Conn., from 1997 to 2006. In addition to his research and strategy role, Mike was the co-manager of the Advest Select Portfolio, a large-cap growth portfolio with more than $180 million of assets under management. He also was a member of the management committee for the ETF Asset Allocation program as well as the Rules Based-Select program, a UIT-focused portfolio. Previously, Mike oversaw the Correspondent Research area at Stifel Nicolaus in St. Louis, Mo., and was an Institutional Equity Salesman at Moran & Associates in Greenwich, Conn.

Mike earned a B.S. from Bryant University and is Series 7, 24 and 66 registered.

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Weekly Viewpoint