Each week, The Economist lists returns for major (and some not so major) equity markets around the world… I like to check in to compare the best performers to the headlines I’ve seen about the country… Number one performer is Brazil at +62.1% (ytd August 31st)… And the headline news? Impeachment, Zika, Petrobras, a contracting economy, Ryan Lochte…
Some oil producing countries’ stock markets have done well this year: Columbia, +28.8; Russia, +25.5; and, Canada, +19.1…
The rest of the over +20% club include Thailand, +25.2; Hungary, +22.5; and, Indonesia, 21.7…
The S&P is +6.2% as of August 31…
Here is the link:
http://www.economist.com/news/economic-and-financial-indicators/21706353-markets
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