Second Quarter Investment Review 2014
The following is an excerpt from our July piece, Second Quarter Investment Review 2014, which can be found HERE
Another quarter has passed without the long-awaited and oft-predicted equity market correction. It has been more than 1,000 days since U.S. stock markets experienced an intra-year -10% or greater decline, leading many pundits and investors patiently waiting for the markets to tumble.
The Investment Team at Pathlight continues to marvel at the lack of belief in global investment markets, job creation, and economic growth. To us, it’s almost as if many want to have something go wrong just to be correct about their misplaced views. The television outlets continue to spotlight the same people who consistently call for the pending collapse of stocks, surging inflation around the corner, skyrocketing gold prices, and climbing interest rates. Fortunately for investors, four years..