While the Auspice Diversified Program was virtually flat on the month, off approximately 0.40% in July, the month was anything but boring and we are very excited about this shift. The volatility we started to see pick up in Currencies and Commodities in June moved into Equities.
Did you know that it has been over three years since the market has had a 10 percent pullback?
Market data from the past 100 years has shown that there is at least some sort of correction every three to five years (View Data Here). Given it has been over three years the probability of one happening soon is rising and increasing volatility in H2 is beginning to feel more comfortable for quantitative strategies.