QUARTERLY COMMENTARY Q2: VOLATILITY MAY BE HERE TO STAY

QUARTERLY COMMENTARY Q2: VOLATILITY MAY BE HERE TO STAY

Wed, July 13, 2016

Global equities rose in the second quarter and for the first half of the year, despite some abrupt shifts in momentum along the way. The UK referendum about whether to exit the European Union (“Brexit”) was the predominant focus of markets during the latter part of the second quarter, replacing speculation about China as the primary driver of market sentiment.