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Market Thoughts 11.7.12

Eric Freedman
CAPTRUST Chief Investment Officer

Last night’s election results across the U.S. have pulled forward many important questions about the economy, events heading into the calendar year-end, and other considerations linked with political changes. We see the pending “fiscal cliff” as an important focal point for plan sponsors and your plan participants. While we do not want to draw unnecessary attention or create angst about the uncertain outcome, we do want to take a moment to define the fiscal cliff and communicate our views about what we could see in coming weeks as Washington works toward a potential compromise. We expect capital market volatility based on recent precedents but do not see the fiscal cliff as a reason for plan sponsors or participants to diverge from their long-term retirement savings objectives.

For more details, please download the full commentary below.

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