Last week, U.S. Stocks, Foreign stocks and Bonds all increased. During the last 12 months, STOCKS outperformed BONDS.

LAST WEEK -Here is a look the cause of the volatility created this week by hedge funds, institutions, and those we call “traders”.

Returns through 4-19-2013	1-week	Y-T-D	1-Year	3-Years	5-Years	10-Years
Bonds- BarCap Aggregate Index	0.2	.9	3.9	5.7	5.9	5.1
US Stocks-Standard & Poor’s 500	1.8	11.6	15.6	11.7	4.8	8.0
Foreign Stocks- MS EAFE Developed Countries	3.5	7.8	14.3	2.7	-4.1	6.5

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.