Global Economic and Market Commentary: Second Quarter 2016

UK’s vote to leave the EU has escorted in what could be a long period of uncertainty and volatility in the market. There is also skepticism about the recent, liquidity-driven bounce in risky assets. Overall, global equities and bonds should be range bound during the remainder of 2016, although both are at the higher end of their prospective ranges. Volatility will persist due to global uncertainty, and there will most likely be a shift toward fiscal stimulus.