AND THE WINNER IS….TREASURIES?
By Gus Krafve
January 25th, 2012
An
extremely volatile year has passed and the U.S. stock market, as measured by
the S&P 500, was a picture of relative strength. The S&P 500 eked out a
small gain for 2011 outperforming every major developed and nearly every
developing market. While the showing by the S&P 500 was not as strong on an
absolute basis as hoped, its performance was impressive in the face of
double-digit percentage declines for most other major markets.
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