Global Markets Update: Monday, October 24, 2011

After last week's market actions, here are a few points that we've taken note of:
  • The US continues to hold up against International Markets for the year returning -1.6% versus the MSCI ACWI x US at -14%.
  • The US is leading the major world regions both for its year-to-date (-1.6%) and one year (5.2%) performance, with Developed Europe currently in second place.
  • US Stocks are currently the second best performer of the major asset classes over the last one year with a total return of 7.3%, as Commodities remain in first place up 8.7%.
  • The US continues to lead the pack for the G7 Countries, with Italy, France, and Germany remaining at the bottom.
  • Russia is the only BRIC with returns above the -20% mark both for its year-to-date (-17.5%) and one year performance (-9.2%).
  • The US has now jumped into 5th place of the countries that we track for its one year return, and it has moved up to 8th place for its year-to-date performance.
  • The US Sectors have turned around as the market has rallied leaving only four sectors that are still negative for the year: Telecom (-3.2%), Industrials (-6.5%), Basic Materials (-12.4%), and Financials (-17.8%).  Utilities are leading the group, up 11.2% year-to-date.

Keith Hays & Justin Wood

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