July 5, 2016

Market & Model update and looking forward – July 2016

Just a quiFINAL_MONSONOFFICEPHOTOS-6ck note and update for clients…. Since Brexit occurred, the market has recovered fairly quickly, at least here in the United States.

Measures of volatility have come off significantly.  The vote caused huge changes in the currency markets and there was some concern over a spill over affect or ‘contagion’ as is often called.  This seems not to have occurred as things in the market went in a very orderly manner ~   so for now things are looking up for the rest of the year.

As of today, we are back fully invested into our models but have taken an overall more conservative stance in our International holdings.  I just wanted to let you know where things stand.  I don’t like to time the market but I was concerned with the extreme moves which we were seeing in the markets last week and wanted to react in the event that it potentially would have had a pile on affect.

I hope you all have a great (and safe) 4th of July and, as always, thank you for your continued support.

Kind Regards,

          Eldon