TOUGH YEARPosted by Gary Kaltbaum on January 4th, 2012
It has been a poor year for the markets. The MSCI world stock markets index fell by 8.5% in 2011, and the index for developed markets fell by 7.6%. The euro area’s biggest economies fared particularly badly, with markets in Italy, France and Germany down by 25%, 17% and 15% respectively. But the prize for the worst performing of the stock market indices we track each week goes to Greece, which decreased by over 50% during the year.
SPECIAL NOTE: Be sure to register now for Gary Kaltbaum’s next live Webinar on Saturday January 21, 2012. He will talk about the important implications of early-January’s market action…and much more. Click here for more information.
Published by Gary Kaltbaum