by Dan Zalipski, CFA & Scott Rosenquist, CFA
U.S. Equity indices resumed their march higher, erasing the prior month’s brief decline. International equities joined the party but were outpaced by their U.S. counterparts. Emerging Markets continue to impress with strong returns. Various risks spilled over into the fixed income sector causing a short-lived flight to safety. Investors pushed yields lower as they reacted to headline risk involving North Korea on one side of the globe and a series of hurricanes on the other. The move in yields quickly reversed as tensions eased for a while.