June 2014 Commentary

Another Successful Month

July 24, 2014

June was another successful month for our portfolio. Heading into July, the third quarter is historically the weakest quarter of the year for the markets. Trading volumes during this time are typically lower as many professional investors are away from their offices; this absenteeism and lack of activity can create volatility. After having a successful first half of the year, at this point we would not be surprised to see a pullback or correction in the markets.