Source: Financial Times, 14th November 2010

Looking back over the behaviour of the financial markets this year, the one thing that can be said with confidence is that they have not lost their inordinate capacity to surprise. The month of September was a good case in point. Not only did it turn out to be a barnstormer of a month for equities, reversing the poor performance more typically associated with the month, but it also saw equities, bonds and gold all rise in value at the same time, the first time that this affront to market normality has happened since the 1930s.