Global Markets Update: Tuesday, January 22, 2013

US Stocks were up 0.9% last week ahead of the World x US, which barely posted positive returns, up 0.1%.  This puts the US up 4.3% for the year, while the World x US is up 2.9%.


  • Russia leads the BRICs as 2013 begins, up 5.1%, and it's counterparts aren't doing too bad each up over 2.5% so far this year.
  • Romania leads the countries we track in this new year, up almost 15%.
  • Energy has jumped from one of the worst performing sectors to leading the pack so far in 2013, up 5.7%, with Healthcare nipping at its heels, up 5.6%.
  • Looking at the style boxes, Small Cap Growth is leading, up 5.5% ytd.

Keith Hays & Justin Wood 

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