Accuvest featured in Barron’s article
September 11, 2017 · by David A · Filed under Highlights
http://www.barrons.com/articles/political-storms-wont-deter-polish-stock-rally-1503724755
Posts by David A
31 entries · November 12, 2013 to September 11, 2017
January Country Rankings
January 12, 2016 · by David A · Filed under Portfolio Notes
More than half of the countries outperformed the MSCI ACWI index in December.The range of country returns was 22.80% in December with best performing country up 12.30% and the worst down -10.50%. For 2015, the range of country returns was…
December Country Rankings
December 8, 2015 · by David A · Filed under Portfolio Notes
November Highlights In a strong reversal from October, global equities pulled back and the MSCI ACWI was slightly negative for the month of November returning -0.83%. For the year, the range of country returns is 58% with the average country…
November 2015 Portfolio Notes
November 9, 2015 · by David A · Filed under Portfolio Notes
October Comments • In a snapback from September, the MSCI ACWI was up 7.90% in October with all but four countries had positive performance. However, only three countries are in positive territory since the end of July (Belgium, Korea, and…
October 2015 Portfolio Notes
October 7, 2015 · by David A · Filed under Portfolio Notes
September Comments The allocations to Euro hedged Germany (DBGR) and Yen hedged Japan (DBJP) have provided the biggest positive impact on returns. India is the only emerging country in our model which has outperformed the ACWI YTD. Only 3 of…
September 2015 Portfolio Notes
September 10, 2015 · by David A · Filed under Portfolio Notes
August Comments All 46 countries in the MSCI ACWI had negative performance during August. The index was down ‐6.86% with the average country down -8.38%. Emerging markets have been punished on the year, down ‐17.55% in USD. September Rankings The…
August 2015 Portfolio Notes
August 13, 2015 · by David A · Filed under Portfolio Notes
July Comments The MSCI ACWI was up 0.87% in July. China is still in positive territory on the year, up 2.31%. Our 3 countries with hedged exposure all outperformed. Japan (1.73% vs. 0.47%), Germany (3.56% vs. 2.69%), and Korea (‐3.53%…
July 2015 Portfolio Notes
July 14, 2015 · by David A · Filed under Portfolio Notes
June Comments The MSCI ACWI was down ‐2.35% in June, but still closed the quarter up 0.35%. On the year, China is still the best performing country in our model, up 14.65%. The United States completed the second straight quarter…
June 2015 Portfolio Notes
June 15, 2015 · by David A · Filed under Portfolio Notes
May Comments The MSCI ACWI was down -0.13% in May and is now up 5.14% on the year. On the year international markets are still outperforming the US by 3.61% Hedging currency exposures was key in May, as it added…
May 2015 Portfolio Notes
May 12, 2015 · by David A · Filed under Portfolio Notes
April Comments The MSCI ACWI was up 2.90% in April and is now up 5.28% on the year. Latin America was the best performing region, up 10.28% for the month. The biggest currency effect has been in Brazil where the…
April 2015 Portfolio Notes
April 13, 2015 · by David A · Filed under Portfolio Notes
March Comments The MSCI ACWI was down -1.55% in March and only 25% of the countries in the model had positive returns. The range of returns between countries stayed fairly wide at 21.57%. Dollar strength is continuing to impact investment…
March 2015 Portfolio Notes
March 11, 2015 · by David A · Filed under Portfolio Notes
February Comments The MSCI ACWI was up 5.57% in February, moving the global markets back into the green for the year. Russia led the way up 22.82% while Turkey was down 9.11% Europe has been the best performing region on…
February 2015 Portfolio Notes
February 13, 2015 · by David A · Filed under Portfolio Notes
January Comments The MSCI ACWI was down -1.56% in January, but just over half of the countries had positive returns for the month. The US was down -2.85%, which significantly brought down the benchmark index. USD strength had a major…
January Portfolio Notes
January 22, 2015 · by David A · Filed under Monthly Portfolio Notes
This month in the country ranking portfolio notes we take a look back on 2014, where we saw a wide range of country performance. Also, we dive into the January model and provide some commentary on how USD strength has…
December 2014 Country Rankings
December 9, 2014 · by David A · Filed under Monthly Portfolio Notes
Notable Moves to the Upside… Spain… moved from an underweight position to a neutral weighting. Valuation metrics and fundamentals both showed improvements in November. Spain has the highest growth in EPS over the last year and has the 4th highest…
November 2014 Country Rankings
November 12, 2014 · by David A · Filed under Monthly Portfolio Notes
Notable Moves to the Upside… China… moved back to the top of the rankings after showing improving risk and valuation. They are now the cheapest country in the model. China has a forward P/E of 8.8 and a Growth to…
October 2014 Country Rankings
October 14, 2014 · by David A · Filed under Monthly Portfolio Notes
In October, value countries have continued to underperform the market and have been a significant drag on country selection. Meanwhile, Latin America took a huge step back as Brazil was down -19.22% on the month, showing a significant turn in…
4 Countries to Focus on in September
September 11, 2014 · by David A · Filed under Monthly Portfolio Notes
Heading into September, we think that the 4 countries listed below warrant extra focus. Our complete list of country rankings can be 3 Points to set the Global Landscape Latin America is picking up momentum as we head into the…
Country Selection 101 – Exploring the range of country returns
August 25, 2014 · by David A · Filed under Big Picture View, Uncategorized
In Dave Garff’s 2011 whitepaper, , one of the most compelling charts was looking at the Monthly High-Low Range of country returns. The chart looked at 39 countries in both emerging and developed markets going back to 1991, and charted…
4 Countries to Focus on in August
August 13, 2014 · by David A · Filed under Monthly Portfolio Notes
Heading into August, we think that the 4 countries listed below warrant extra focus. Our complete list of country rankings can be 3 Points to set the Global Landscape Developed Europe has been a drag for investors who were chasing…
4 Countries to Focus on in July
July 9, 2014 · by David A · Filed under Monthly Portfolio Notes
Heading into July, we think that the 4 countries listed below warrant extra focus. Our complete list of country rankings can be 3 Points to set the Global Landscape For the first time in over 20 years, the range of…
How to Invest in the EU
June 10, 2014 · by David A · Filed under Big Picture View
Looking at which EU countries offer the best investment opportunity given the ECB actions The European Central Bank (ECB) took action last week to increase bank liquidity and lending with hopes of stimulating the economy and fighting deflation. There were…
June 2014 Country Rankings
June 9, 2014 · by David A · Filed under Monthly Portfolio Notes
Through the first 5 months of the year, country returns have been tight. The MSCI ACWI Index is up 4.22% this year and the average country is up 6.08%. Emerging markets are gaining momentum. Over the last 3 months the…
May 2014 Country Rankings
May 12, 2014 · by David A · Filed under Monthly Portfolio Notes
This month, Spain and Italy dropped slightly in the model and were replaced by Germany in the top six. However, China and the United States maintained their positions at the top of the model. This year, value factors, which have…
Why International Now
May 9, 2014 · by David A · Filed under Big Picture View
Making the case for increasing exposure to international equities One of the ongoing challenges that advisors face is determining what percentage of their clients assets should be allocated to international equities. The magnitude of this decision is often amplified when…
April 2014 Country Rankings
April 8, 2014 · by David A · Filed under Monthly Portfolio Notes
This month, some emerging markets had a strong performance while the three largest constituents in the MSCI ACWI Index stalled. Latin America, which was down -20.82% over the last 12 months, had a great month up 8.82%. While some European…
March 2014 Country Rankings
March 11, 2014 · by David A
This month, European markets are looking good. European countries continue to climb up the model. Sweden is the newest addition to the top 5 and boasts a profile in the top 10 of fundamentals, momentum, and risk. European markets have…
February 2014 Country Rankings
February 12, 2014 · by David A
Going into February, countries with accelerating momentum and quality fundamentals continued to struggle. Some of the best performers from 2013, including the US, Japan, and Belgium all had negative months. In our Country Ranking Model, Brazil continued to drop. Since…
January 2014 Country Rankings
January 10, 2014 · by David A
2013 finished with the United States claiming the top spot as the best performing country in the model up 31.8%. Meanwhile, Emerging Markets continued to stumble and finished 2013 in negative territory. The biggest story in 2014 will be the…
December 2013 Country Rankings
December 11, 2013 · by David A
This month, Japan improved on its position as the #1 country in the model, as they continue to show a balanced profile with all four factor groups in the top ten of the model. Meanwhile, Norway was the newest European…
November 2013 Country Rankings
November 12, 2013 · by David A
The November model shows emerging markets and European markets with the biggest upside moves, while Japan had the biggest relative to move to the downside. Despite this, Japan still remains the most attractive country in the model. Along with the…