The terrorist attacks on the United States on Sept. 11 have changed a lot of things and exacerbated others. For one, they have changed us as a nation. Our beautiful home has been savagely attacked. For those of us in the New York City area we all know someone who perished or know someone who knows someone … it’s only one degree of separation.
For the rest of the nation the impact was psychological, the mood manifested in last week’s market performance. This week offered a bit of a bounce, but that is to be expected. Time will tell if the upward momentum can be sustained.