In November, countries with the strongest fundamentals are continuing to outperform, while buying the "value" countries is significantly detracting from country selection. China and Thailand have made significant moves up in the model, while Italy and Chile have fallen.
The ECB is poised to introduce meaningful and much need liquidity to European markets. Meanwhile, the Russia-Ukraine conflict is aged and stablilizing. Germany appears well positioned to benefit from the removal of macro-economic risks.
In this Q4 video, Accuvest President and CIO Dave Garff discusses notable changes to our country ranking, key country risks, how to talk about investing internationally, and developments to key an eye out for in Q4.