Energy remains the best in breed with oil and natural gas related ETFs topping the best performers list over the last week. Mexican pesos have surged in value, helping boost equities in that country from the perspective of the US investor, while a number of other international ETFs have also done quite well. Gold miners remains near the bottom of the performance list, down double-digits, while long-term bonds, REITs, and other yield plays continue to underperform. Despite buoyant local equity returns, UK stocks are also underperforming on a brutal week for pound sterling.
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