Commodities, whose Market Trend Analyzer has triggered, are now negative for the year, which you can see in the chart below.
Most equity markets had a rough week last week:
- The World was down 2.1% last week, with broad international markets down 3% and emerging markets as a group down 4.1%; however, the US held up best down only 1.1%.
- The top two returns this year for the G7s and the BRICs combined are Germany, up 8.9%, and the US, up 7.8%. China is the top BRIC, up 6.1%.
- Midcap Growth is up 10.7% this year as the top style box and Small Value is up the least at 6.7%.
- Financials, Consumer Discretion and Technology are all up 13% this year, while Utilities and Energy are the only negative sectors for the year.
Keith Hays & Justin Wood
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