Volatility Increases But Fundamentals Are Little Changed YTD; Raising Our Equity Positioning To A Notch Above Neutral

Portfolio Advisory Group

January 26, 2016

The rewards of investing in the equity market are long-term capital appreciation and dividend income. The cost of entry is volatility. As in a crowded theatre, once in a rare instance someone yells “Fire!”, triggering a stampede for the exits. With investor anxiety already running high, a weak start for global equities this year was compounded by alarmists advising investors to “sell everything”….

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