Equity and bond markets have registered advances every month since March ...

Equity markets registered a seventh consecutive month of positive returns, advancing 4.2% and 21.1% for September and the year-to-date period, respectively. The quarter ending September 30 was the best third quarter for performance since 1939. After reaching a low point on March 9, 2009, the Russell 3000 index, a broad index of U.S. equities, has advanced almost 57%. The index is now only 10% below its level of one year ago, which was just before the major downturn in the financial markets.

Read the full September 2009 Investment Report.

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