Since the start of 2011 the US start market as measured by the S&P 500 is up 12.4%.
The gain may not sound overly impressive, but considering the losses in the major European markets it should make most Americans smile.
When compared to Germany ($EWG), France ($EWQ), Italy ($EWI), and Spain ($EWP), the gains are impressive. Germany was the best of the group with a loss of 3%, while France is down 10% and Italy and Spain are down an embarrassing 22% each.
Click the chart below for a visual look of how the countries have performed.
Click for the chart.
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