2014 3rd Quarter Commentary

Overview The economic and world news for this quarter has been intense.  Developments in Iraq and Syria with renewed calls for military intervention have dominated headlines.  The stalemate between Russia and the Ukraine continues while in Africa, a deadly outbreak of the Ebola virus has gripped the world’s attention.  Most recently, Hong Kong has called for more autonomy from China through peaceful demonstrations.  Economically we had a strong reversal in GDP (more below) and of course we are heading into a significant election that will impact the future of [...]