Quarterly Commentary – September 2015

After peaking in the third week of July, the S&P 500 bounced around until the middle of August when it made a significant drop. It was followed by a sharp bounce at the end of August and started toward recovery when a sharp sell off at the end of September took the index back to October 2014 levels. The following are performance numbers from various popular indexes. Index numbers are not individually comparable to a properly diversified portfolio. ... Read more