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Capital Markets Commentary

Capital Markets Commentary — Q4 2018

Submitted by David Vaughan Investments, LLC on January 14th, 2019

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Capital Markets Commentary — Q2 2018

Submitted by David Vaughan Investments, LLC on July 6th, 2018

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Capital Markets Commentary — Q1 2018

Submitted by David Vaughan Investments, LLC on April 9th, 2018

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Capital Markets Commentary — Q4 2017

Submitted by David Vaughan Investments, LLC on January 10th, 2018

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Capital Markets Commentary — Q3 2017

Submitted by David Vaughan Investments, LLC on October 13th, 2017

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Capital Markets Commentary — Q2 2017

Submitted by David Vaughan Investments, LLC on July 10th, 2017

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Capital Markets Commentary — Q1 2017

Submitted by David Vaughan Investments, LLC on April 7th, 2017

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Capital Markets Commentary — Q4 2016

Submitted by David Vaughan Investments, LLC on January 23rd, 2017

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Capital Markets Commentary — Q3 2016

Submitted by David Vaughan Investments, LLC on October 11th, 2016

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Capital Markets Commentary — Q2 2016

Submitted by David Vaughan Investments, LLC on July 15th, 2016

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David Vaughan Investments, LLC is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. DVI was established in 1977 as a sole proprietorship, restructured into an S Corporation in 1991, and recently merged into a new Delaware LLC in September of 2017. The information provided on the DVI web site is intended solely for the purpose of supplying general background information on the firm and the investment counseling services it provides. DVI does not use this resource as a means of facilitating securities transactions or providing personalized investment advice. DVI and its representatives may only conduct business in those states which it has met all regulatory requirements. Therefore, no follow-up will be made by the firm with a prospective client until DVI's compliance officer has reviewed the regulatory consequences of soliciting new business within that state.

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