Looking back at 2010 it turned out a lot better than I expected. After the market rollercoaster ride of the last few years it was nice to have a relatively stable year.

The main indices returned the following:

German DAX                            +16,1%

European STOXX 600                +  8,6%

US S&P 500                             +12,8%

US Dow Jones                          +11,0%

European STOXX 50                  +  0,0%

But what to make of 2011?