Bespoke Invest has an even better perspective of the global equity performance on a year to date basis, (as of March 2nd) compared to our earlier post Just a short note on equity markets…
Of course this doesn't seem to include last night's rout.(The Philippine Phisix appears to have been spared from the carnage)
But so far, there seems to be some emergent signs of distinction- the deepest losses have been accounted for by G-7 economies, continental Europe and European EM (CEE) nations, except for some outliers as Puerto Rico, Qatar, Kenya and Nigeria. And there appears to be more bourses in the green compared to last year.
We don't know if such a divergent trend will hold, but we suspect that there might be a good chance...
Of course this doesn't seem to include last night's rout.(The Philippine Phisix appears to have been spared from the carnage)
But so far, there seems to be some emergent signs of distinction- the deepest losses have been accounted for by G-7 economies, continental Europe and European EM (CEE) nations, except for some outliers as Puerto Rico, Qatar, Kenya and Nigeria. And there appears to be more bourses in the green compared to last year.
We don't know if such a divergent trend will hold, but we suspect that there might be a good chance...
Hat tip Bespoke
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