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International Market Review & Outlook December 2012

Santa did not disappoint and duly delivered his equity rally to investors in December, particularly in Asia Pacific and the emerging markets. US markets were again a laggard, this time the victim of "fiscal cliff" worries and the inability of both the White House and the Republican-controlled Lower House to forge a workable compromise. The S&P500 index ended up 0.7% for the month and returned a very credible 13.4% excluding dividends for 2012. 

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

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