Market Commentary 4th Quarter 2013

As we anticipated in our 3rd Quarter Market Commentary, the stock market continued its upward momentum during the 4th quarter. For 2013 the major indexes rose 28% or more to close out their most positive year of the decade. Even the continuing dysfunction in Washington and relatively high unemployment were not enough to offset the market rising on a better economic outlook, sustained earnings growth, and a fully supportive Federal Reserve.  

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