Down, Down, Down

So far this quarter just about everything has taken a beating.  What started off as a hot year is quickly being deflated.  As with most investments you can look broadly at the categories below but it really comes down to where you have specific investments.

We have been keen at DWCM with Agriculture and Technology stocks in our Fund which had done quite well until the beginning of April.  You can see from the graph below that all of the major industries are down across the board in Q2 led by the Financials, Energy, and Materials.  Followed closely by Technology and Industrials.

While the NASDAQ is still clearly in positive territory for the year just as the DWCM Fund is there has been erosion this quarter.  Basically there has been no where to hide in the equity markets

Graph courtesy of Bespoke