Q3 2016 Quarterly Commentary – October 1, 2016: Keep Eyes on Earnings, Not Elections

The third quarter was fairly good one for equity investors, as the S&P 500 produced a total return of 3.85% including dividends, the Dow Jones Industrials on the same basis returned 2.78%, and the tech-heavy Nasdaq Composite soared by 10.02%. Bond yields rose, with the 10-year US Treasury closing the quarter at 1.60% versus […]