The World was indeed flat last week, posting a 0.0% gain; however, the global index remains up 10.8% for the year. A few of the other key points from last week's market actions include:
- The US continues to lead the world regions we follow over the last one year, up 5%.
- Germany is clearly the leader of Western European stock market returns, up 19% so far this year. However, the country's still down over 10% in the last 12 months.
- Russia is leading the BRICs, up 26.7% so far this year, and despite it's 2.2% decline last week, India is still performing very strong, up 24.7% for the year.
- Of the countries we follow, Eygpt is leading for the year, up 48.6%, with the next best performing country, Hungary, up 28.1% year-to-date.
- Despite their almost 1% decline last week, US Mid Caps are still up 11.1% in 2012, with Large Caps up 8.9% and Small Caps up 7.5%.
- Technology, Financials, Consumer Discretion and Basic Materials continue to lead the US Sectors for the year in that order.
- Silver is up 25% this year, while on the other end of the spectrum, Natural Gas is down around 20% year-to-date.
- The US Dollar Index is down 1.7% in 2012; however, it's still up 1.6% over the last one year.
Keith Hays & Justin Wood
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