The bumpy ride in financial markets that marked the first quarter, continued into the second. A combination of mixed economic data, rising interest rates and a steady flow of political drama contributed to investor unease and ongoing volatility.
As long as the global economic backdrop remains strong, we think the current corrective phase in the markets will run its course and markets will eventually head higher before marking the peak for the current economic cycle.
In light of the steep decline in the markets over the past few days, followed by today’s dramatic rebound, we recognize that the wild market swings and volatility can be unnerving.
2017 was a year marked by the strange juxtaposition between an improving global economy and buoyant financial markets, and a distressing geopolitical landscape.
“Leopards break into the temple and drink the sacrificial chalices dry; this occurs repeatedly, again and again; finally it can be reckoned upon beforehand and becomes part of the ceremony.”
A Bumpy Ride
Stormy Weather
Investment Update
Two Worlds
To Scare a Clown
Changes & Disconnects
Politics and Investing
The Future Looks Different…
Investment Update
Uncomfortably Numb