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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