Posts Tagged ‘Economic Update’

October 2012 Investment Commentary The third quarter was a risk-on period with U.S. large-cap stocks gaining 6%, while core investment-grade bonds returned 1.5%. Going back to the stock market low on June 1, 2012, large-cap stocks are up 10.7% versus 1.6% for core bonds. European stocks also rose dramatically, up nearly 9% in the quarter…