The World was down 2% last week, as the US was down 2.2% and the World x US was down 1.9%. However, the World is still up just over 10% for the year. Some of the other highlights from around the globe include:
- The US is the second best world region we track, up 13.6% this year, with Africa in first, up 40.4%.
- Not surprisingly, of the countries we track, Egypt is the best performing country this year, up 59.4%.
- The performance of the BRICs is scattered for the year, with India up 22.5% and Brazil down 5.3%.
- Financials continue to lead US sectors for the year, up 21.4%, despite losing ground last week (see chart below).
Keith Hays & Justin Wood
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