Global Allocation Fund February Letter- This Feels Like A Bear Stearns Moment

Global Allocation Fund commentary for the month of February 2018. February has been a month of strong emotions in which we have seen how volatility washed away some “savings products” (or whatever you want to call them). In 2007, something similar happened with Bear Stearns’ assets. After the shock, markets slightly overpassed the previous maximums before…