US combined with tech is the winner, and the rest of the world was rather dull.
What’s Hot
- Technology was king.
- This confidence also drove the two US equity indices, large and even smaller companies…
- …perhaps also being part of an early Trump victory lap for some investors?
- This also buoyed Global funds, with a heavy US weighting.
- Commodity/Natural Resources were driven by gold…
- …even though oil and some other commodities were less buoyant.
What’s Not
- India was over-due a breather…
- …and some basic technical analysis highlights that support is only evident about 10% below.
- Japan has substantially recovered from the August “flash crash” but is hesitating a bit at the moment.
- Europe and the UK have drifted, as you saw in the “funds” edition.
- With India, Japan and China pausing in the last month, the wider Asian index also struggled to make money.
What’s Hot
|
Name
|
Last Month's Performance %
|
|
Technology & Technology Innovation
|
4.62
|
|
North America
|
3.91
|
|
Commodity/Natural Resources
|
3.09
|
|
North American Smaller Companies
|
2.62
|
|
Global
|
1.09
|
What’s Not
|
Name
|
Last Month's Performance %
|
|
India/Indian Subcontinent
|
-3.40
|
|
Japan
|
-3.30
|
|
Europe Excluding UK
|
-2.65
|
|
UK Smaller Companies
|
-2.49
|
|
Asia Pacific Including Japan
|
-2.39
|