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Pran Tiku on CNBC's "Emerging Market Panel" on October 26, 2008
Pran Tiku has a look at China and India as an investment option, with CNBC's Steve Liesman, Michelle Caruso Cabrera and Melissa Lee. More
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Neel Tiku on CNBC's "Worldwide Exchange" on October 28, 2008
Neel Tiku provides his outlook on global stock markets on CNBC's "Worldwide Exchange." More
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Shana Orczyk in the Worcester Telegram on September 25th, 2008
Shana Orczyk provides reader of the Worcester Telegram with "words of wisdom" when treading through the volatile global stock markets. More
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Pran Tiku in Wall Street Journal on October 25th, 2008
Pran Tiku provides his insight to the Wall Street Journal on the current strategies being used on by Mutual Funds in this turbulent market More
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Shana Orczyk on CNBC's "Street Signs" on October 13th, 2008
Shana Orczyk takes a look at the market opportunities, with Stephen Wood, Russell Investments on CNBC's "Street Signs." More
Peak Market Outlook
 | Peak Financial's quarterly update on the capital markets and global investment universe. |
Q3 2008 - The Recent Downturn
The best we can say about the third quarter is that it?s over. As of 9/30/08, the Russell 3000 Index is off 18.81% for the year, losing 8.73% this past quarter. Losses were broad-based and impacted all markets. From a market cap perspective, small cap stocks performed somewhat better.
Q2 2008 - Financials on the Decline
Market pressures showed no sign of abating during the second quarter. Volatility has continued and the market closed the quarter only 2% above the low reached in mid-March. As of 6/30/08, the Russell 3000 Index is off 11.05% for the year, losing just under 2% this past quarter.
Q1 2008 - A Cautious Beginning
The market correction that began in October 2007 continued through the first quarter. As of 3/31/08, the Russell 3000 Index is off 9.52% for the year. Not only was it a down quarter, it was extremely volatile. Of the 61 trading days, 31 witnessed a daily change of +/- 1%. The largest one-day loss was 3.13%; the largest one-day gain was 4.24%.
