Victor Adair

Senior Vice President and Derivatives Portfolio Manager

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We believe that “Market Psychology” began to turn negative the first week of September 2014 and that negativity intensified throughout the month…as a result we’ve seen the US Dollar surge higher and global stock markets fall.  The change in Market Psychology began with “peripheral” investments like Emerging Markets and High Yield debt and then spread to more “core” markets…by September 19 (the Alibaba debut) the S+P 500 had made...

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