March Country Rankings
March 10, 2017 · by Dustin Blodgett · Filed under Portfolio Notes
- Global equities continued to surge higher in February, with the MSCI ACWI up 2.81%. The average country was up 2.04%, and the range of returns for February, between countries, was 8.50%.
- The United States was up 3.86%, Japan was up 1.12%, and Europe as a whole was up 1.19%. Europe was again, the worst performing region during the month. EM was the best, up 8.70% YTD.
- Israel surged to the top of the rankings and is now ranked #2 overall. Israel has the best Fundamentals, led by the fastest growth in PMI (7.40% vs a country avg. of 1.1%). It also has 17.1% earnings growth compared to a country avg. of 11.2%.