Sunday, January 29, 2012

State of the World Markets via Country ETF's


All world markets have had a good run in 2012 so far, some a lot better than others. This table should put some of the returns in perspective. It is interesting to note that more than half of these country ETF's are still below their respective 200 day moving averages. Many people refer to that line as the bull/bear divider.  Look at the top 10 returns for 2012 and compare them to the 2011 returns. The dogs are leading. The markets have done great, but lets not get ahead of ourselves here. Most of these returns are not sustainable for the entire year, but it is hard not to deny the current strength.