Disease, defaults and destruction have been dominating the headlines, spurring a substantial sell-off in the markets during these dog days of summer. Panicked investors, fearing a market correction, withdrew $16.4 billion in equity in just the first week of August alone. Despite the ongoing violence in the Middle East and eastern Ukraine, Argentina defaulting on its debt once again, and the Ebola scare in West Africa, we believe that the markets are ignoring the underlying