Dightman Captial Group
We manage adaptive investment strategies, as part of a comprehensive planning environment, designed to protect capital in sustained market contractions and grow capital during market expansions.

Protect...Grow...Repeat

Market & Economic Brief

March 4th, 2010

GLOBAL STOCKS
Stocks are making a recovery attempt from the pullback that developed in the middle of January but remain vulnerable, in our opinion.  We will not be surprised if stocks reach new highs in the current rally but have become more alert for another, potentially more significant, correction. 

WORLD ECONOMY
Leading economic indicators by ECRI are starting to point to a slowdown in the U.S. economy toward the middle of the year.  Debt issues in Europe, the Middle East, and some U.S. states continue to pose potential problems.

INFLATION DATA
Inflation generally appears to be contained and continued deflation concerns appear to be off the table for the time being.

U.S. RESIDENTIAL HOUSING
The housing market has stabilized but weakness has started to reappear in parts of the market.

PLANNING
New conversion rules for ROTH IRA's in 2010 may present a unique planning opportunity.

Academically Sound and Institutionally Supported

Listed below you will find a partial list of links to websites for institutions that provide support services to Dightman Capital Group. No company listed has a ownership interest in Dightman Capital Group.

Fidelity Institutional Wealth Services — (http://advisor.fidelity.com)
With nearly $1.6 trillion in total managed assets, Fidelity Investments is one of the worlds largest providers of financial services and investment resources for individual and institutional investors. Fidelity is committed to continuous improvement, state-of-the-art technology, and peerless customer service.

Barclays Global Investors — iShares (http://www.ishares.com/)
For over 35 years, Barclays Global Investors has been at the forefront of developing innovative investment ideas built on a sound investment philosophy that applies science and technology to the investment process. They focus on the three dimensions of performance: Return, Risk, and cost offering clients Total Performance Management.

State Street Global Advisors — (www.ssgafunds.com/)
State Street Global Advisors is an acknowledged leader in institutional investing with $2.0 trillion in assets under management. The world's largest institutional asset manager and leader in several other investment rankings , SSgA is also the investment management arm of State Street Corporation, one of the world's largest custodians. Leveraging these combined strengths permits us to focus single-mindedly on delivering competitive investment strategies and integrated solutions to our clients worldwide, across virtually every asset class, capitalization range, region, and style.

Research Affiliates — RAFI (http://www.researchaffiliates.com/)
Research Affiliates is a research-intensive firm that strives to be the preeminent source of innovative products that add value for the global investment community. They are committed to research that results in superior investment products, and bringing innovative products to the marketplace through strategic affiliates with some of the world’s leading financial institutions.

Powershares — Xchange Traded Funds (http://www.powershares.com/)
Powershares is “Leading the Intelligent ETF Revolution,” providing investment advisers with exceptional asset management tools and market exposure through the replication of enhanced indexes. Powershares delivers this sophisticated asset management in one of the more benefit rich investment vehicles available today, the exchange-traded fund.

WisdomTree — (http://www.wisdomtree.com/)
WisdomTree Investments has created the first family of fundamentally weighted dividend indexes that cover all major market capitalizations both domestically and internationally.