Gavekal Capital: The Bear Population Around the MSCI World

Wednesday, June 4, 2014

The Bear Population Around the MSCI World

Just seven (or 1.5%) of the 450 or so companies in MSCI Europe have underperformed dramatically enough this year that they can be classified as being in a bear market:

MSCI Europe
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This compares to 17 (3.6%) of the 463 companies in the Asia-Pacific Region and only 18 of the more than 700 MSCI North American companies (or ~2.5% of the total number of constituents):

Asia-Pacific
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North America
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