PI 400 -- Financial Printing - It's Been a Bear of a Year

While much of the year remained mired in a poor economy, the month of August seemed to be the beginning of the turnaround that everyone had anxiously awaited. Sadly, world events stepped in.

"The capital markets gained some momentum in August, when activity approached 2000 levels. September started out strong, but fell dramatically—42 percent from August—in the post-September 11 period as a result of the stock markets remaining closed for four days and the extreme market uncertainty that followed," states Masterton.