Good morning,

Interest rates and oil prices continue to cause U.S. equity volatility. The U.S. equity markets ended on a positive note. Numerous events have caused market indices to increase and decrease in price. Overall, the markets are down for 2016 and since the middle of the 4th quarter. Investors were pricing in (4), during 2016, Federal Interest Rate increases. Currently investors do not expect another rate hike until late 2016 or early 2017. In this issue I discuss American Capital Agency Corporation (AGNC).