Returns for the S&P 500 rose sharply in the fourth quarter, up 11.15%, mostly on the back of an oversold bounce in October.
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December 31, 2011
The U.S. economy showed signs of improvement during the fourth quarter, but we believe it will experience moderate growth for the foreseeable future.
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December 31, 2011
Throughout the fourth quarter, the market was dictated by headline news about the European sovereign crisis and the potential for a global economic slowdown.
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December 31, 2011
The Barclays U.S. Credit Index outperformed duration-neutral Treasuries by 61 bps for the
quarter. Based on valuations and underlying core company fundamentals, we remain constructively optimistic for credit spread tightening.
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December 31, 2011
According to Aviva Investors data, new issue volume for traditional private fixed income in the fourth quarter of 2011 exceeded $10 billion.
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December 31, 2011
Weekly Capital Markets for February 6, 2012
Last week’s economic releases were stronger than expected and US financial markets have partially decoupled from the headlines arising out of Europe.
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Weekly Capital Markets for January 30, 2012
Leaders in Europe continued to work towards a solution for the sovereign debt crisis.
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The European debt crisis garnered much of the headline attention in December, as it did in November.
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Sovereign debt issues were the focus of the month.
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The financial world was focused on Europe, as expectations for a comprehensive plan to address the sovereign debt crisis drove markets higher.
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