Global Update: Monday, December 13, 2010

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

  • E Europe, Middle East and Africa leads all world regions for the year.  It consists of the following 8 emerging markets country indices: Czech Republic, Hungary, Poland, Russia, Turkey, Egypt, Morocco, and South Africa.
  • Small Caps rolled last week.  Small Growth and Small Core are the top two styles for the year. 
  • We love seeing Dow Transports up 24% this year.  Good sign that the economy is improving.
  • Never bet against Consumer Discretion prior to the holiday season.  It leads all sectors up 25.5% for the year.
  • Peru is leading all countries up over 55% this year.  A gold miner makes up more than 17% of the Peruvian Index and commodities make up over 40%.

To view this week's Weekly World Wrap, click here.

Keith Hays

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