Cowan Asset Management 2Q16 Letter – Can You Guess The Right Index?VW Staff
Cowan Asset Management letter for the second quarter ended June 30, 2016.
We’re going to start by giving you a test. During the 12 weeks of the second quarter, which of these three indices posted the worst performance: (a) Britain’s FTSE 100 Index, (b) Canada’s S&P/TSX Composite Index, or (c) America’s S&P 500 Index? Go ahead, take a minute to recall the major financial and economic news since April and think it over. We’ll wait right here.
While you’re taking a minute to mull it over, let . . .
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