The Second quarter of 2019 looks uneventful when surveying the point-to-point returns for most major market benchmarks. However, that narrow view belies the whip-saw moves experienced by equities during the quarter. While April was a strong month for equity markets, May saw the largest drawdown for most major benchmarks since December of last year, while June saw yet one more V-shaped recovery off those lows. Market spectators may have become somewhere numb to…