Evergreen Investments Market Update - September 2009

"While this 'less bad' data may point toward economic growth in excess of +3.0% for the current quarter, we remind investors that the bulk of gains in economic output are derived from government spending and exports, areas that we would consider as cushions for growth. Until we see stabilization in homes prices and employment, it is unlikely that personal consumption and business investment (catalysts for growth) will be capable to propel the economy beyond anything other than 'below potential' over the next several quarters."

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