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 

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.