The MSCI World information technology sector is a real contrast when it comes to sales expectations. In the table below, we measure the year over year growth rate of sales for each of the next four years for the industries within the technology sector.
Today’s release of GDP data for Germany’s Q4 was decidedly dull and in-line with market expectations.
Over the last 20 days, as stock markets around the world have recovered from their January sell-offs, an interesting thing has happened. Defensive stocks are leading the rebound. As an example, in the MSCI World Europe index, the utility sector is the best performer, up 7.57% on average.
We’ve noted on several occasions over the last week the recent outperformance of Japanese shares, so we thought it fitting to dig even deeper into the topic. In the below two tables we show the 1-week sector performance (equal weighted) and the top performing companies in Japan over the period.
The Case-Shiller Home Price Index has now had back to back monthly declines for the first time since Oct-Nov 2012. Granted the declines were small but we are seeing other evidence that housing prices lost some momentum at the end of last year.