Investors have flocked to those sectors which they believe will benefit from lasting post-pandemic trends, and avoided those that have proven less resilient – with Information Technology up 29% at one extreme, and Energy down 41% at the other.
Chart of the Week: Week 1, 2016: Global Stock Markets
While we’ve been away over the Christmas break, global stock markets suffered another shock, which once again originated in China.
Chart of the Week: Week 34, 2015: Global Stock Markets
Since our chart on Chinese exchange rates last week, the global economic press has shifted focus from the currency to the stock markets.