July Country Rankings
July 13, 2017 · by Dustin Blodgett · Filed under Portfolio Notes
- Global equities marched slightly higher in higher in June, with the MSCI ACWI up 0.45%. The average country was up 0.78%, and the range of returns for June, between countries, was 10.23%.
- All country returns YTD are positive. Brazil is the worst performing country YTD, up 3.00%. The top countries are Poland (+34%), Austria (+33%), Turkey (+32%) and Korea (+28%). The average country is up a 17.08% YTD.
- European countries, as a whole, are making a strong move towards the top of the rankings. France is now our #2 ranked country, followed by Poland (#4), Spain (#5), Turkey (#6), Germany (#7) and Austria (#9). The Nordic countries (Sweden, Netherlands, and Denmark) round up #8, #10, and #11. We’ve seen this trend strengthening since the start of the year.