Current Portfolio Themes
As sometimes unbelievable as the current rally in equities seems, as a prudent fiduciary I have no choice but to continue to participate. Our allocation to the equity markets is much more mundane in nature currently, consisting mainly of blue chip dividend paying securities or ETF's such as DVY. Last weeks weakness in the equity markets would seem to have played its course, and institutional money will want to support the market going into the quarters end. Beyond that we will have to see if less bad economic news or the so called second derivative trade can continue to propel the markets higher. The dollar seems to be displaying some nascent strength, and I continue to explore alternative assets such as Natural gas, silver and commodities, which have worked out well as of late, but may be derailed by a dollar rally.
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