For the first time in exactly one year, over half the stocks (51%) in the MSCI World Index are outperforming the headline MSCI World Index over the past 252 trading days (1-year). This is the highest percentage of stocks outperforming in exactly one year.
A whopping 80% of health care stocks have outperformed over the past year while a miniscule 10% of Energy stocks have.
From a country perspective,investors have increased the likelihood of picking winners by focusing on Hong Kong, Japan, New Zealand, Singapore, and the US. Investors have been smart to avoid Austria, Canada, France, Germany, Greece, Ireland, Israel, Italy, Portugal and Spain.