Market Commentary June 2016
Please find this month’s Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market.
A year ago, most equity indices were up for the year, and investors were surely anticipating a positive year for stocks. That happy time seems like ancient history, given the harrowing corrections experienced in August-September 2015 and January-February 2016. Investors are now extremely skittish and prone to exit the market at the first whiff of selling. Despite being in the seasonally weaker part of the year, we think bullish factors outweigh bearish factors at this juncture of the market and economic cycles. Therefore, we are minded to disregard the calendar this summer.