Portfolio Commentary – 2nd Quarter 2016

The second quarter of 2016 found global stocks trading in a range.  The challenging environment was punctuated at the end with the “Brexit”, a vote by the people of the United Kingdom to leave the European Union.  The event was considered by nearly all investors as a very low probability.  However, UK politicians underestimated the discontent among the working class, …

Portfolio Commentary – 2nd Quarter 2016