World stock markets were down 2.5% last week, and here are some of the highlights that we've taken note of:
- The US was down 3.1% last week; however, it still retains it's positive year-to-date performance, up 1.7%. On the other hand, international markets are down 5.6% in 2012.
- The US and Africa are the only world regions still in positive territory for the year, up 1.7% and 8.7%, respectively.
- Egypt is leading the countries we follow, up 31.7% so for this year, while Vietnam is in second, up 25.3%.
- Consumer Discretion maintains its US sector lead by a slim margin, up 6.7% for the year. It now sits beside Technology and Telecom, up 6.5% and 6%, respectively, this year.
- Mid Cap Growth continues to lead the style boxes in the US, up 2.9% for the year, while Large Cap Growth is right behind, up 2.8%.
Lastly, we want to share the chart below which gives you a great picture of the major asset class' 2012 performance.
Keith Hays & Justin Wood
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