Wednesday, August 10, 2011

It's The Economy Stupid: Market Volatility

Dow down again, -382 / -3.4%; 2 Year Treasury now yielding 0.16%.  The swings in the stock market are breathtaking.  So much money is pouring into Treasury’s just to get out of the way of the stock market.  This is not good for any of the market participants.

 

 

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

Street Address:

301 Main Street

Baton Rouge, LA 70802

Mailing Address:

P.O. Box 44154 Capitol Station

Baton Rouge, LA 70804-4154

Physical Location:

One American Place, 7th Floor

Corner of North Street & 4th Street

Exit 1D I-110 North Street / Capitol Park / Downtown

 

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