Core Insights - All nine global indexes tracked have shown gains through December 1, 2025, with Hong Kong's Hang Seng leading at a year-to-date gain of 31.7% [2] - The second and third positions are held by Canada's TSX with a gain of 24.9% and Japan's Nikkei 225 with a gain of 23.6% respectively [2] - India's BSE SENSEX has the smallest year-to-date gain at 7.1% [2] Index Performance Context - A comparative performance chart illustrates the relative performance of world markets since March 9, 2009, with various indexes hitting their lows on different dates [5] - The performance visualization also includes a longer-term perspective starting from October 9, 2007, which was a previous closing high for the S&P 500 [6] - The DAXK is tracked as a price-only index for consistency with other indexes that do not include dividends [8]

Core Insights - All nine global indexes tracked have shown gains through November 10, 2025, with Hong Kong's Hang Seng leading at a year-to-date gain of 35.8% [2] - Japan's Nikkei 225 follows with a 27.6% gain, while China's Shanghai Composite is at 23.2% [2] - India's BSE SENSEX has the smallest gain at 4.5% [2] Index Performance Context - A table is provided that compares each index's current value to its all-time peak, including the date of that peak and the distance from that record level [3] - Historical performance is illustrated through charts that show the comparative performance of world markets since March 9, 2009, and October 9, 2007 [5][6] Market Trends - The analysis includes a focus on the recent recession starting February 3, 2020, and its impact on global markets [4] - The charts utilize a log-scale vertical axis to visualize relative performance effectively, indexing each index to 800 on the start date [5]