Global Markets Update: Monday, December 19, 2011

As markets around the world fell last week, here are a few of the trends that we've taken note of:
  • After last week's 2.8% drop, US stocks are down 3.1% year-to-date.
  • International stocks, as measured by the MSCI ACWI x US, are down 18.9% so far this year after falling 3.9% last week.
  • Of the major world regions we track, the US is the only one not down 17% or more for the year.  Emerging Europe is lagging the most down 24%.
  • The BRICs are all down at least 20% for the year, with India being the worst down 36.8%.
  • While the S&P 500 is down 3% for the year, the Dow Industrials index is up 2.5%.
  • Utilities continue to lead US Sectors up 10.5% year-to-date, with Consumer Staples (+7.5%) and Healthcare (+6.4%) in 2nd and 3rd.
  • US Large Caps and Small Caps are basically even for the year down around 3%, with Mid Caps lagging down 5.7% so far this year.
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Keith Hays & Justin Wood

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