Our Second Quarter 2016 Market Outlook is presented by Joseph F. Hickey, CFA, Portfolio Manager.
Joe begins the presentation by discussing returns across asset classes and how worldwide policies and events are affecting these returns. He continues with the current surplus of how crude oil will impact oil supplies for years to come. Joe concludes with a review of the bond market and the factors causing us to believe increasing credit quality makes sense.
We hope the presentation brings some clarity to what’s going on in the market and how we are thinking about portfolio positioning.