Archive for July, 2016

June 2016 – Monthly Commentary

July 21, 2016  |   Monthly Commentary   |     |   0 Comment

June 2016 The madness continued in June as markets convulsed on economic and political surprises. As the month began, investors were debating whether the Federal Reserve would raise rates at its mid-month meeting, with committee members seeming to prepare investors for an imminent rate hike. That view quickly reversed with the release of the May employment report which showed a tepid gain of only 38,000 new jobs (subsequently revised lower to 11,000). With ...