Exploiting the edge from historical market patterns

Visit TraderFeed

Cross-Talk: A Different Picture of Global Equity Returns

Posted on June 21, 2008

In my last post, I illustrated the global bear market across the U.S., Asia, and Europe via country-specific ETFs. A number of readers pointed out that some countries are up on the year, and that is correct.In the graph above, I plotted year-to-date returns for the U.S. (SPY); Australia (EWA); Canada (EWC); Russia (RSX); South Africa (EZA); and Brazil (EWZ). I included these countries alongside the U.S. to illustrate the more favorable performance among resource-rich economies. The exception is South Africa which has seen a weak currency, power shortages, and social unrest over the past yea...

Original article link


bear market , etfs , markets , oil