Global Markets Update: Monday, November 12, 2012

Stocks around the globe fell last week, with the World down a little over 2%.  However, for the year, global stocks are up 8% and the US is up close to 10%.
The BRICs were down across the board last week, with India faring the best, down only 1.8%.  India's also the best performing BRIC this year, up 18.4%, with China in second, up 10.9%.
Financials continue to lead the sectors this year, up 19%.  On the flip side, after last week's negative market actions, Energy is now at 0% for the year and Utilities have dropped into negative territory, down 4.1%.
Keith Hays & Justin Wood
If you are a subscriber to, click here to read our recent reports.  If you would like to learn more about the research and commentary offered by Hays Advisory, click here.
Please see important disclosures at the bottom of this page.