Which is The Hottest Equity Market on Earth the Last Month?

Spain.

Despite the 20% unemployment rate.

Mostly because it was among the hardest hit due to the European crisis.  Nothing a trillion dollar backstop, a central bank buying government bonds, and a wonderful public relations job banking stress test cannot fix.

Now I wonder if there is a historical World Cup winning country indicator...

Via Bespoke blog [click to enlarge]