Global Update: Tuesday, September 14, 2010

Last week, we saw the following actions in the global markets:

    • Transports are leading most major US markets, which is good news for the economy.
    • The MSCI World is down -2.7% YTD.
    • Industrials (+8.0%) lead all US sectors, while Technology (-7.0%) dropped to the bottom.
    • This quarter, Mid-Caps and Large-Caps are up 7-8%, while Small-Caps are up only 4%.
    • Chile leads all countries we follow up 31% for the year.

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          Keith Hays