After taking a look at world markets this morning, this is what we see:
- The US has a fairly big lead so far this year versus international markets up 6.2%, while The World x US is up only 1.8%. Emerging markets have now reached a slightly negative level of performance for the year, while developed markets are performing strong such as Developed Europe, which has had a strong year up 6.8% so far.
- Novak Djokovic isn't the only good thing coming out of Serbia. Their stock market is #1 in the world of the markets we track, up 61% over the last one year.
- After having a huge lead for the year, Energy is now the third best sector year-to-date. Healthcare is now developing its own lead, up 14.1% for the year. Consumer Staples & Energy are next in line up just over 9% YTD. Financials remain the only negative sector for 2011.
To view today's complete World Wrap, click here.
Keith Hays & Justin Wood
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