Tuesday, April 14, 2009

A Look at Markets Across the Globe

Via Victor Niederhoffer:

...markets all over the world [have moved] from down 50% last year to up 10% this year...Of the 20 major Asian markets, 19 are up, led by China — up 40%. Of 20 major European markets 16 are down, all ranging from -10% in UK to -1% in Norway, with Sweden, Austria, Hungary, Greece up on the year from 1% to 10%. In North and Latin America, all markets are up except for the US and Mexico down 7%
or 8%.
US markets are, however, up more than 20% off their 2009 lows.

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