By Scott Ronalds
In this podcast, Tom and I review the third quarter of 2009.
It was another strong period for equities. U.S. stocks posted their best quarter in a decade, while the TSX and many overseas markets turned in double-digit returns. A rising loonie negatively impacted foreign returns (for Canadian investors), but overall, it was a bright summer for equity investors. Fixed income investors also had much to cheer about, as improving liquidity conditions and sentiment led to further declines in corporate bond yields.
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