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Home>Peak Capital Management: October 2013 PCM Report

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Peak Capital Management: October 2013 PCM Report


The beginning of the 4th quarter is starting in interesting fashion with the first government shutdown in 17 years. The markets are clearly not concerned about government employees taking a few extra days off work as markets are higher.

We have been baffled by the inconsistency of the Fed’s actions when they know the markets hate uncertainty. The “no taper” decision in September is particularly hard to understand given the market was fully prepared for the Fed to take the first step towards ending massive artificial stimulation.

The data continues to be mixed and our focus remains on risk management while being opportunistic.

Hope you find this month’s report insightful.

Brian Lockhart, CFP
Chief Investment Officer

Please follow this link to our monthly report: http://peakcapitalmgt.net/files/October%202013%20PCM%20Report.pdf



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