World Markets Update: Blastoff To New Highs!

Here's a weekend snapshot of major world indexes. The table at right shows the performance over the past week.

All six of the major world indexes closed the week with extravagant gains, with four of the six setting new interim highs. The Far East fared best with the Hang Seng up 7.71% and the Shanghai up 5.06%. Even the chronically underperforming Nikkei gained 4.60%. The US and Europe finished in the second tier, with the DAX at the bottom despite its 2.32% advance.

Thank you, Ben Bernanke! Asset inflation is off to a brilliant start! (more)