Time Discovers Truth -- A current snapshot of the market

In a year filled with an impending US election, the prospect of the United Kingdom’s withdrawal from the European Union (aka Brexit), among other events, there has been a particular negative sentiment on the part of some in the investment community. This negative herd-like sentiment and behavior is permeating the equity market and examples are plentiful (and I frankly believe to be contrary indicators.)  For example, the American Association of Individual Investors (AAII) investment sentiment...