Last week, US Stocks and Foreign Stocks decreased. Bonds increased. During the last 12 months, BONDS outperformed STOCKS (this is a change and the first such change in over one year).

Returns through 8-5-2011	1-week	Y-T-D	1-Year	3-Years	5-Years	10-Years
Bonds- BarCap  Aggregate Index	.7	5.1	5.1	7.4	6.6	5.7
US Stocks-Standard & Poor’s 500	-7.5	-7.3	2.1	-5.6	-4.5	0.0
Foreign Stocks- MS EAFE Developed Countries	-9.9	-8.8	-.3	– 6.8	-4.0	1.9

Source: Morningstar Workstation. Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. Three, five and ten year returns are annualized excluding dividends.