The Highlights:

• World economic data remained encouraging throughout Q1

• Volatility returned as Trump trade threats sparked sell offs

• Emerging Markets held strong, while Australia proved a laggard

• New financial documentary “The China Hustle” released

Once again, the investment strategy of maintaining discipline and holding for the long term won out over reacting to media forecasts and predictions from hyperventilating partisans

It was mostly a positive quarter for markets, with volatility across equities and fixed income being much lower compared to recent quarters.