This past week saw a rather amazing split across major world markets. The DAX and Shanghai Composite were at the opposite ends of a widely divergent range of performance. The DAX and S&P 500 set new interim highs and were joined in positive territory by the Nikkei 225 and FTSE 100. In contrast, the Hang Seng, BSE SENSEX and Shanghai experienced major selloffs. In fact, the Shanghai, which also finished in last place a week ago, had its worst week since early November of 2010. Click to enlarge:
The chart below illustrates the comparative performance of World Markets since March 9, 2009. The start date is arbitrary: The S&P 500 and BSE SENSEX hit their lows on March 9th,
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Ashley Scott Michelle Behennah Julie Benz Saira Mohan Brittny Gastineau
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