July 1, 2014

Equity markets resurgent Both global and domestic stock markets overcame a brief and relatively mild sell off during the first half of April , surging into higher territory in the second quarter of 2014. An ongoing global economic recovery, diminishing concerns over Ukraine and Iraq, and stimulative monetary policy from central banks provided strong backdrop support to equity markets. Read the full article Geopolitical tensions The second quarter produced its fair share of geopolitical news highlighted by the ongoing crisis in Ukraine and the battle between rebel and government forces for control of Iraq. Although neither situation had a long lasting or mate- rial effect on stock markets over the quarter, it raises con- cern on how armed conflict and other geo-political concerns tend to impact financial markets. Read the full article Local economic woes Over the quarter the domestic market continued... Read More