Equities began caving to pressure in the third quarter. The S&P 500 Index gained a modest 1.1%, and the MSCI EAFE Index was down 5.9%. Bonds provided some shelter but not much return. The Barclays U.S. Aggregate Bond Index returned 0.2% for the quarter and 4.1% year-to-date. To learn more, click on the link to view this quarter’s Market Environment.