Sage Advice Quarterly Market Review 4Q2009
Risk assets had a strong finish to 2009, supported by a global economy still in recovery mode and by extremely accommodative monetary and fiscal policy. Capital market returns reflected this supportive backdrop and a higher appetite for risk with stocks adding to gains in the fourth quarter, led by U.S. equities and emerging markets; while in the fixed income markets, the credit sector continued its run of outperformance led by lower quality issuers (see sidebar for fourth quarter and 2009 breakdown).
- DATE: December 31, 2009
- TYPE: PDF
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