Global Markets Update: Monday, October 3, 2011

As the third quarter came to a close on Friday, here are a few of the trends across global markets that we've taken note of:
  • Of the 5 major asset classes, only Fixed Income has a positive return for the year.
  • The World stock markets ended the quarter miserably on Friday, as The World Index is now down 15% year-to-date.
  • The US is holding up better than any other G7 country, down "only" 10% for the year.
  • The BRICs are all down more than 25% so far this year.
  • Of the 10 US Sectors, only 3 are positive for the year - Utilities (7.2%), Consumer Staples (1.0%) and Healthcare (0.8%).
  • Financials are down 26% this year, and Basic Materials are down 23% year-to-date.

It is a tough, tough market that ended the quarter disastrously.

Click here to view today's complete World Wrap.

Keith Hays & Justin Wood

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