Quarterly Commentary – December 2015

Despite the perceived volatility, the last quarter of the year recovered some previously lost ground and turned out to be nicely positive for U.S. equities. This gain happened mostly in October and the last couple of months of the year were spent in seesaw action that on the balance went nowhere. The net effect of all the ups and downs during 2015 led to a relatively flat year. The following are performance numbers from various popular indexes.  ... Read more