As we mentioned during our last webcast, after 2013 produced excellent returns we expected an increase in volatility in 2014. We began the year with the weather having a negative impact on the US economy in the first quarter. Expectations were that we would see a positive rebound in the economy in the second quarter. All indications are that this is occurring as anticipated yet the markets are responding with an increase in volatility. John, would you comment on the causes for this volatility and is this a concern?