Monday, August 08, 2005

World Markets............

It is amazing to note how the US market, continues to lag all the other markets this year. Indeed, except for the rare birds like Venezuela, Brazil, Costa Rica, and China we seem to be bringing up the rear. Here are some approximate return figures, year to date.
Canada 14%, Mexico 12%, Argentina 10%, Brazil 1%, Chile 20%, Europe500 12%, UK 10%, Germany 13%, France 16%, Spain 10%, SW 16%, Italy 7%, Netherlands 12%, Norway 16%, Japan 2%, Hong Kong 6%, Korea 21%, Pakistan 19%, Philippines 8%, New Zealand 9,Indonesia 17%, China 11%, Taiwan 4%, Aus 8%, India 17%, Singapore 13%, Malaysia 4%. The US markets range from -2% for the Dow, to 1% for the S & P and 7% for the Midcap.

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