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October 20, 2011

Wall Street Journal: Gary Flam Quoted in “US Stocks Pare Afternoon Advance In Late Trade; DJIA Adds 23″

“US Stocks Pare Afternoon Advance In Late Trade; DJIA Adds 23,” by Brendan Conway, Wall Street Journal.

“The sharp moves show a lack of conviction by investors,” said Gary Flam, portfolio manager at Bel Air Investment Advisors. “For most investors, our backgrounds are in evaluating companies, industries [and] economies. It’s not about evaluating politics. Yet that’s the position we find ourselves in today.”

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