BCM 1Q 18 Market Commentary
April 17, 2018 at 11:10 AM EDT
By David M. Haviland, Beaumont Capital Management We have said it before, and we will say it again. 2017 was an anomaly. Now as we have seen bearish conditions in both 1Q and now 2Q, 1Q 18 was a significant contrast to what we were seeing before in 4Q 17. In our last quarterly letter, we wrote...