Archive for October, 2016

2016 3rd Quarter Commentary

October 15, 2016  |   Documents and Literature,Insight,News & Press   |     |   0 Comment

Somewhat counterintuitively, the third quarter was characterized by the lowest volatility we’ve seen in a while.  Following the “Brexit” vote at the end of the second quarter, markets stabilized and continued to march higher. Second quarter earnings (reported during the third quarter) were mainly favorable which reinforced the narrative that the economy continues its slow growth trajectory.  The Federal Reserve met last month and decided to keep interest rates unchanged, ...