International Fund and Global Equity Strategy Third Quarter Review

This quarter marked the fifth anniversary of the financial market collapse. Rather than just merely surviving, the global financial markets have thrived. While there continues to be a cautious sentiment toward the health of the global economy, U.S. stock markets were just shy of all-time highs in the third quarter. The market continues to focus on the Federal Reserve’s policies and actions, which was evident in the recent positive reaction to the Fed’s decision to maintain its current program of purchasing of bonds and keep interest rates from rising