For the second time in two weeks, a company in our portfolio announced a stock split. I haven’t seen more than a handful of stock splits in the last few years let alone weeks. It may be another bullish sign for the markets, one that may indicate a move from economic recovery to expansion.
On a different note, CNN Reporter Paul La Monica called us yesterday for our thoughts on the Euro and its impact on corporate profits. You can access the article, “The Euro Ate My Profits” here.