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Double-Digit Gains Around the World

After being rocked by the financial crisis in 2008, world markets rebounded in the last 3 quarters of 2009. Hefty double-digit gains around the world gave many of those major indices their best year of gains in 6-10 years.

Aggressive government stimulus efforts and expectations that emerging markets (like China and Brazil) would lead the global recovery propelled many of these foreign markets to outperform U.S. indices. Although the Dow Industrials and S&P posted notable gains this year, rising 20% and 24%, respectively, many market observers have been worried that the recovery in the U.S. would be slower, with domestic economic conditions lagging growth in overseas economies (particularly in Asia and Latin America).

Global Markets’ Performance in 2009:

  • Americas
    • Brazil +82.66%
    • Mexico +44.87%
    • Canada +28.02%
    • US (S&P) +24%
  • Europe
    • Germany +23.85%
    • France +22.32%
    • U.K. +22.07%
  • Asia-Pacific
    • Russia +128.62%
    • India +81.03%
    • China +79.98%
    • Taiwan +78.34%
    • Singapore +64.49%
    • Thailand +63.25%
    • Hong Kong +52.02%
    • South Korea +49.65%
    • Australia +33.43%
    • Malaysia +22.35%
    • Japan +19.04%

Furthermore, the strong year for emerging markets capped off an astounding decade of gains. Gains for markets in the fast-developing BRIC nations (Russia +863%, Brazil +301%, India +249%, China +72%) were a far cry from the DECLINES in developed nations this decade (U.S. down 24%, Japan down 44%, France down 34%, U.K. down 22%, Germany down 14%).

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