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For the quarter, equities posted negative returns, with the US being the exception where performance was slightly positive, while the fixed-income markets were mixed. A closer look at the broad equity markets reveals that year-to-date, it has delivered generally rising returns with some volatility interwoven in certain periods, which ultimately culminated in a material pullback in September due to concerns over Fed tapering and the prospect of chronic inflation.
...read full article on Seeking Alpha