4
6
5
7
1
2
8
3

Opus News & Insights

Review of First Quarter 2015
Monday, April 13, 2015

March 9, 2015 likely was not all that memorable for you. It fell on a Monday, and in Cincinnati, remnants of dirty February snow piles still lined our streets. But for those of usmanaging client portfolios, March 9th has become a bit of a milestone, as on that day six years ago the S&P finally found its market bottom in the midst of The Great Recession.

It is hard not to pause and reflect on how dire times felt on March 9, 2009. When people discuss the Great Recession now, conversations naturally center on the events during the fall of 2008, such as the Lehman Brothers bankruptcy or TARP, but the opening months of 2009 were also brutal. After the horrific 36% loss of 2008, investors watched the S&P fall another 26% in those first 68 days of 2009. Our files at Opus reveal logs of client calls and lengthy letters imploring clients to maintain their long-term asset allocation.

Rock bottom was reached on March 9, 2009 when the S&P 500 closed at an anemic 676. The next day the S&P 500 jumped more than 6% and the current bull market was born. Stocks advanced another 60% through the remainder of 2009. Since then…

opus capital managementDownload Full PDF Newsletter





 
 
Subscribe To Our Blog

Blog Categories

  • Opus Insights
  • WM Newsletters
    • 07/12/2017 - Better Than Normal
    • 04/10/2017 - Lately, All Ladders
    • 01/11/2017 - New Regime, Newfound Optimism
    • 10/07/2016 - The Waiting Game
    • 07/08/2016 - Whither Brexit, Withering Rate
    • 06/24/2016 - The Brexit Vote
    • 04/15/2016 - In Like a Lion (or Should We S
    • 01/15/2016 - Running in Place in 2015
    • 10/15/2015 - Long-Awaited Correction Arrive
    • 07/13/2015 - Equity Markets Flat, Bonds Fal
    • 04/13/2015 - Review of First Quarter 2015
    • 02/17/2015 - Divergent Paths: Large U.S. St
         
MEET OUR TEAM

Adam T. Eagleston, CFA
  Adam T. Eagleston, CFA
Principal
and Portfolio Manager

View Bio
Kevin P. Whelan, CFA
  Kevin P. Whelan, CFA
Principal
and Portfolio Manager

View Bio
David W. Wagner III
  David W. Wagner III
Research Analyst


View Bio
Len A. Haussler, CFA, CPA
  Len A. Haussler, CFA, CPA
Founder
and Portfolio Manager

View Bio

  Nathanael A. Stewart, CFA
Associate Portfolio Manager
and Research Analyst

View Bio
B. Rapking - Operations Associate
  Brad J. Rapking
Equity Trader

View Bio
Matt Mautino
  Matt Mautino
Operations Support

View Bio
Michael R. Knapke
  Michael R. Knapke
Manager - Marketing and 
Client Relations

View Bio

  Jakki L. Haussler, Esq., CPA
Founder and CEO

View Bio
John A. Ferguson, CFA
  John A. Ferguson, CFA
Principal
and Portfolio Manager

View Bio
Nathan M. Bailey, CFA
  Nathan M. Bailey, CFA
Associate Wealth Advisor

View Bio
Nathan A. Bishop, CFA
  Nathan A. Bishop, CFA
Principal
and Portfolio Manager

View Bio
Debra Gordon
  Debra Gordon
Director - Marketing
and Client Relations

View Bio
Joseph P. Condren, CFA
  Joseph P. Condren, CFA
Principal, COO and CCO

View Bio
  CONTACT INFO

221 E. 4th Street, Suite 2700
Cincinnati, OH 45202
Office: (513) 621-6787
  CONNECT WITH US

        
         
Copyright © 2017. Opus Capital Management. All Rights Reserved