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Hennion and Walsh, Inc.

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Hennion & Walsh Winter 2009 Market Commentary: Is the Recovery Validated?

Hennion & Walsh ( issue their Winter 2009 Market Commentary providing fresh insights on the current market recovery and its sustainability.

Parsippany, NJ, November 18, 2009 --( Hennion & Walsh ( issue their insightful Winter 2009 Market Commentary for individual investors. The Winter Commentary provides fresh insights into the continuing third quarter recovery that built upon the second quarter recovery momentum. Yet, the equity markets have rallied so far and so fast in such a relatively short period of time that a pullback, while it may be brief and shallow, seems inevitable and necessary. Thus the questions remains, will the current recovery be validated?

Investors will find the Winter 2009 Market Commentary continues its editorial categories with a 2009 Major Index Performance Summary and a U.S. Style Index Performance Summary, followed by the 2009 Remaining Market Outlook providing information on unemployment, consumer confidence, corporate earnings, economic recovery progression, interest rates, the value of the U.S. Dollar, and inflation. The Market Commentary discusses market gains, losses and possible trends in an easy to understand manner.

“The economic and market events of the last year have further fueled our mission of serving as the advocate for individual investors, and we believe educating investors is a significant part of this mission,” says Bill Walsh, President and co-founder of Hennion & Walsh. “As part of our mission and our individual investor education efforts, we issue quarterly Market Commentaries and make them easily accessible at no cost or obligation. It is available at”

All past Market Commentaries can be found in the library section of the Hennion & Walsh website ( where they are available at no cost for immediate review and without registration.

Furthering their commitment to provide education for the individual investor, Hennion & Walsh conduct educational seminars as well as publish additional educational material. These materials include the “Portfolio Strategy News” blog ( and the ETF (Electronically Traded Funds) Newsletter. Additionally, they are frequently asked to contribute to major financial publications which can be read at

Hennion & Walsh (, a full service brokerage firm specializing in municipal bonds, was founded in 1990 by Richard Hennion and Bill Walsh. Their mission is to be the individual investor’s fiercest and most passionate advocate. Investment guides, webinars, seminars and online content are just some of the ways they help investors become better informed and make better investment decisions. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime, serving over 15,000 clients with brokerage accounts and managed portfolios. They are committed to providing individual investors with the institutional-quality service and guidance they believe they are entitled to.

The firm also developed and manages the SmartGrowth Mutual Funds, three risk-target-based mutual funds. Hennion & Walsh’s Chief Investment Officer, Kevin Mahn, manages the portfolios of SmartGrowth Mutual funds which utilize ETFs (Exchange Traded Funds) as a core part of their investing strategy. For more information, read the ETF Insights Newsletter (link) or visit

Mutual fund investing involves risk, including loss of principal. There is no guarantee that a Fund will meet its objective.

Please carefully consider a Fund's investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by calling 1-888-465-5722. Read carefully before investing.

The SmartGrowth® Mutual Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Hennion & Walsh Asset Management or Lipper (a ThomsonReuters Company).

Contact Information
Hennion & Walsh
Jeannine Dowdell
Carol Graumann
JCPR, Inc.
1055 Parsippany Boulevard, Suite 304
Parsippany, NJ 07054
973-732-3521 – Office

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