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Sunday, December 25, 2016

Weekly Wrap

Dear readers, Merry Christmas and Happy New year to you and loved ones.

We are left with one more week to end this year 2016. It's noted that STI dipped below its YEC level 2882 this week, and HSI also went underwater its YEC level 21914. Made both of the indexes negative return YTD. Whereas SSE posted -12.1% YTD return,--the worst performer still.

US stocks on the other hands all returned positive, the three major indexes gained 9%-14% YTD. We can see clearly that US stocks broadly outperformed Asian markets, funds are flowing into the U.S. It should be the same as for other emerging markets as well.

Major indexes weekly performance as in below table.





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