Boyar Value Group 2Q Letter – Some Thoughts About The MarketVW Staff
Boyar Value Group letter for the second quarter ended June 30, 2016.
Boyar Value Group - Some Thoughts About The Market
The two-day decline in the U.S. stock market subsequent to Great Britain’s decision to exit the European Union saw the Dow Jones Industrial Average plummet by 871 points. However, it climbed 809 points in the next four days and continued its ascent thereafter.
This leaves investors in a familiar quandary: Questioning what catalysts could spur the market to new highs. In our last quarterly letter, we mentioned the Federal Reserve had forecasted four interest rate hikes for . . .
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