By Doug Short (Guest Post)
What a difference from last week, when my update title was Major Rally. The seven major world markets I track all finished in the red with six of the seven down anywhere from two to nearly four percent. The S&P 500 finished dead last, down 3.92%, and doubtless contributed to the broader international retreat, thanks to our political incompetence in dealing government financial policy. The tables above provide a concise overview of performance comparisons over the past four weeks for these seven major indexes. I’ve also included the average for each week so that…
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