FYI: Oil’s huge inventory draw this week helped it to perform the best among all ETFs we track. Energy equities and gold miners were also strong while Hong Kong, China, and Biotech also put in good showings over the last week. The Philippines faltered, along with semiconductors, homebuilders, and long-term Treasuries. Yield curves around the world steepened sharply with long-term bonds getting hit hard, much harder than short-term yields.
Regards,
Ted
https://www.bespokepremium.com/etf-trends/etf-trends-international-9916/
