| As we enter the July/August period characterized by vacations, BBQs, afternoon
golf matches, and children-out-of-school, the habitual summertime investment
seasonality comes into play. Historically, with many market participants
booking time off, this period is characterized by thin, drifting and volatile
markets. We believe that this setting will present numerous opportunities to
both buy and sell. In consequence, investors should be alert to short-term
price anomalies and use this seasonality for profitable investment advantage. |
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