Archive for October, 2012

October 2012 – Commentary

October 31, 2012  |   Monthly Commentary   |     |   0 Comment

During October, the bond market came under pressure as investors grappled with better than expected economic data and a revival of inflation concerns. However, on-going quantitative easing provided support to the market in the final days of the month. Friday October 19th, marked the 25th anniversary of Black Monday, the day in 1987 that the Dow Jones Industrial Average dropped more than 22%. In the months and weeks leading up to Black Monday, the U.S. was ...