Investment Update: The Summer of Our Discontent

 

Ordinarily, it’s pretty quiet on Wall Street this time of the year, as many investment professionals take the opportunity to spend their summer vacations in the Hamptons. But this isn’t an ordinary year. Houses in the Hamptons can be rented by the month instead of by the season, and many of those houses are sitting vacant, waiting to be sold. The economic and market environments certainly haven’t lent themselves to a relaxing vacation for anyone.

There seems to be nothing but pessimism, but what is an investor to do? Read Kevin Barr’s assesment as SEI’s Head of Investment Management Services here. SEI’s August Investor’s Report