Newsletter Q3 2012

After experiencing a 10% correction in the second quarter, equity markets rebounded sharply and largely ignored a multitude of concerns such as the global economic slowdown, the European sovereign debt crisis and growing tension in the Middle East. The resilience in equity markets was evident as international stocks outpaced domestic stocks with developed markets +6.9% and emerging markets +7.7% – both up over 10% year-to-date…