Since the last quarterly update in July, third quarter 2012 produced headlines claiming Barclays attempted to manipulate LIBOR, J.P. Morgan had billions in credit-trading losses, and Knight Capital had an emergency bailout.
Global equities experienced positive performance:
Russell 3000 6.23%
MSCI World ex-U.S. 7.30%
MSCI Emerging Markets Indices 7.74%
U.S. home price indices recorded positive growth for the first time in two years.
U.S. Presidential campaigns are debating toward the November election.
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Chris Bryant is an American financial advisor.