Back From the Beach

<p>Simon updates on the current environment,  looks backs at the various market phases over the past 16 months, and what WIG is most focused on going forward. He also takes a look at Commodities, U.S. Stocks, and U.S. Housing and asks if the case for them being asset "bubbles" has merit. He adds some color on the recent price drops in ABBV and STZ and how they are still buys.</p>