Friday, July 2, 2010

The Baseline Portfolio

The market seems not to like what it sees from Washington. I go back to the baseline portfolio I created in December 2008 and present the data here.



















The above shows what has been happening over the period. We are declining now rapidly.

The details we show below:



















And for this year specifically we see the following:



















The drop is increasing in rate. These are core businesses and they seem to be now dropping off the cliff.