A closer look at inflation, employment and the stock market | Expert column

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Internationally, it was a mixed bag. Canada was up 22%, and Mexico was up 20%, while Latin America was down 13%. Under the radar, the Eurozone was up 20%, led by Sweden at 35% and lagged by Spain at 7%. In Asia, the MSCI regional index was down almost 4%, but that was heavily skewed by China’s pounding of Hong Kong. China was up 4%, while Hong Kong was down 15%.