By Jacki on 10/29/2008 12:48 PM

As I sit writing this article in late October, 2008, to say that the economy in Michigan is experiencing a bumpy ride seems an understatement of the obvious. The housing market, although in stabilization mode, continues to be impeded by tougher lending qualification standards and fear about liquidity amongst homeowners. The workforce continues to get crunched as most recently illustrated by Chrysler LLC’s announcement that it intends to lay-off 25% of their salaried workforce within the next several months and the whispers heard around town that the federal government is considering loaning part of the money needed to fund a General Motors-Chrysler merger. Clients who are invested in the stock market (either inside or outside) of their retirement accounts are experiencing short-term turbulenc Read More »