Archive for September, 2015

August 2015 – Monthly Commentary

September 16, 2015  |   Monthly Commentary   |     |   0 Comment

As written in last month’s update, we feared the Chinese monetary authorities risked losing investor confidence due to their manipulation of the capital markets. That fear came to pass in August and it wasn’t limited solely to the Chinese market. With investors grappling with whether the Federal Reserve would raise overnight rates in September, price volatility in the capital markets continued to soar. Spooked by the continued weakness in commodity prices, especially ...