A Message About The Current Market
October 1, 2008
Dear Valued Client:
The extraordinary events in the credit and equity markets over the past 18 months have created immense anxiety for investors. Although extreme volatility can be difficult to comprehend, it is not unusual in times of uncertainty. City Securities Corporation has weathered many difficult market environments since our founding 84 years ago. History has shown that times like these present opportunities even though they may be difficult to see. As we have in the past, City Securities Corporation can help you navigate through these turbulent times while continuing to plan for your financial future. Call your Financial Advisor with any questions or concerns regarding your situation.
As we enter our 85
th fiscal year this month, we do so with more financial strength than ever. Challenges always abound, most we cannot even fathom today. We are optimistic about the future and, as we have for 84 years, look forward to serving our clients and communities in the future with integrity, trust, and commitment.
Sincerely,
John D. Peterson
Chairman of the Board
|
Michael E. Bosway
President and CEO
|