2Q2015: Value Matters

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We are at the halfway mark in 2015 and the stock and bond markets have made very little progress so far this year.  The stalemate between buyers and sellers has been going on for several quarters.

The lack of net change in market averages does not mean that nothing is happening in the world, though.  There have been many political and economic developments that affect both investor confidence in general and the profitability of companies in a number of industries.  The investment landscape is always “uncertain.”  However, it seems that there are a number of ongoing “standoffs” between bullish and bearish forces and that this extended period of ambiguity is causing growing investor anxiety.

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