While many of 2013’s leading global markets are consolidating and showing tepid year-to-date performance (<.5%), European indices have accelerated their performance in 2014. Year-to-date, all the best-performing markets are from Europe (see last week's commentary), and 10 of the 19 European markets we track are trading at five-and-a-half year highs, except for Germany and Denmark, which are at all-time highs.
