International Market Review & Outlook November 2012

It was another white-knuckled month of trading in the global equity markets. A sharp mid-month sell-off followed the Obama re-election, sending markets crashing through long-term supports. These declines were dramatically reversed by the end of November, leaving indices higher but investors' nerves frayed. US markets were again a laggard, with the S&P500 index up 0.3% versus gains of 5.8% in Japan, 2.0% in Germany and 1.1% in the emerging markets.

Click here for full November Report of the Global Economic Overview.

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