Interesting look at the returns by region Nikko Citigroup Japan:
TOTAL RETURN PRICE TRENDS BY REGION (AGAINST GLOBAL PRICES)
click for larger chart
Source: Nikko Citigroup Limited, Equity Strategy
Its quite revealing . . .
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Quote of the Day
"If all the economists in the world were laid end to end, it wouldn’t be a bad thing."
— Peter Lynch
RM subscribers can read this: Get the ‘Peter Principle’ Right
If no RM sub, see this PBS frontline interview
What strikes me today is that the talk is all about whether the market sell off is all about what the fed chairman said. Yet… no mention of the larry, moe and curly show at the white house. Isn’t that the real problem???
stolen from the incomparable Dorothy Parker, who commenting on a debutante ball, wrote, “if all of those young lovelies were laid end to end, I shouldn’t be surprised.”