Market Updates

“The University of Michigan’s consumer sentiment index advanced slightly in the
past couple of weeks, rising to a final September mark of 87.2 from its initial reading
of 85.7. Regardless, this was the index’s poorest final monthly reading since October
2014. It did surpass the expectations of analysts polled by Bloomberg, who expected
a final number of 86.5.”

“Currency markets were again a major driver of asset class returns during April. In contrast to most of the past year, however, it was a sharp decline in the value of the dollar that contributed to a mixed month for global asset class returns. “

“Currency markets were again a major driver of asset class returns during April. In contrast to most of the past year, however, it was a sharp decline in the value of the dollar that contributed to a mixed month for global asset class returns. “

“Currency markets were again a major driver of asset class returns during April. In contrast to most of the past year, however, it was a sharp decline in the value of the dollar that contributed to a mixed month for global asset class returns. “