Marsh & McLennan Companies, Inc. continues to lead the way with a gain of nearly 30% since I first made mention of it. You can check out my original analysis here: Boring Is Beautiful: Marsh & McLennan Companies
The last (and abbreviated) trading week of 2015 saw all but two of the indices closing lower. A December turnaround in the German market saw that country’s DAX index overtake Japan’s Nikkei 225 to emerge the top performer of 2015 with a strong return of +9.56%.
With the exception of Japan, investors enjoyed a Santa rally this week as six of the seven indices I track posted strong gains comfortably in excess of 1.5%. London’s FTSE 100 was the week’s top performer followed by Germany’s DAX and France’s CAC 40.
Investors fled stocks last week as each of the indices we track fell sharply. London’s FTSE 100 was last week’s worst performer with a decline of nearly 4.6% followed by the Canadian S&P/TSX composite which plunged nearly 4.3%. Falling crude prices and the increasing likelihood of a Fed rate hike were the likely reason for the market carnage.
Investors piled into stocks last week as each of the indices we track recorded solid gains. Germany’s DAX was the week’s top performer followed by London’s FTSE 100 and the Dow. France’s CAC 40 advanced an impressive 2% despite the devastating terrorist attacks in Paris last Friday.
Check out the updated “Where Are They Now” page to see where the stocks I like are currently trading.