With the second quarter of 2015 well in the rear-view mirror, we can finally look back and analyze everything that transpired during the second quarter of the year. Now that we have this opportunity for analysis, we can project what the rest of the 2015 fiscal year will look like. Let’s dive into some of the highlights from Q2 2015.

Q2 Overview

In general, Q2 was a lukewarm period for most, which looked poor when compared to a relatively strong Q1. This is reflected in overall numbers from the DJIA, S&P 500, Nasdaq, S&P MidCap 400, and Russell 2000 indices, which showed little movement in Q2 (no more than 1.75% movement in either direction). But all of the indices did show year-to-date growth of some kind, given the strong Q1.

Third Point Purchases T-Mobile

Dan Loeb and Third Point LLC were involved in a number of moves during Q2, notably purchasing mobile phone provider T-Mobile, among 14 new stakes in his portfolio. The T-Mobile US stake required the purchasing of 1 million shares at an average price of $35.83 each. Loeb has been involved with T-Mobile since 2013. The other big deals among his 14 new stakes include Sealed Air Corp and Devon Energy Corp.

Greece

The major story that has influenced the market in many ways is the bailout situation with Greece, which has caused many investors to worry about deals relating to the country. Things are still very much up in the air, causing this uneasiness to remain strong.

The Greek debt situation worsened in Q2. Greece’s announcement that it would bundle several debt payments to the International Monetary Fund (IMF) into one single payment caused some concern, though there was optimism following news of concessions on both sides.

As we are already into Q3, things are in an optimistic position. As long as nothing catastrophic happens during Q3, we will likely experience a bounce back to positive numbers across the board.

About 

Martin Ackerman is a freelance writer and current editor originally from Staten Island, NY. His university schooling focused on English education and Japanese. He has a (not so secret) passion for art history and political science. When he isn't writing or editing you can find him at sci-tech conventions, building the latest LEGO city or pampering his cat, Tea. You can follow him on Twitter @MarMackerman.