As we reviewed last week's market actions this morning, we noticed the following trends:
- The World is up 3.9% year-to-date, and oil-based Emerging Europe is up over 8%. Yet, on the other hand, Latin America, Asia, Africa and the Middle East are all down for the year.
- The US is up 6% for the year, in line with most of Western Europe. However, Japan continues to struggle and is now down 8.5% for the year.
- Mid Caps are up 9.1% year-to-date, while Large Caps are up only 5.8%. Financials are currently the only negative sector for the year, with Basic Materials and Technology sorely lagging the market so far.
To view today's complete World Wrap, click here.
Keith Hays & Justin Wood
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