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Energy Sector is the worst in global equity sectors performance ytd.
Mirroring 10% drop in the price of Brent YTD. And this is despite fairly upbeat growth projection, which obviously market doesn’t believe into (or is fully priced in, since the oil price is still some 15-20% higher than where it was last year.) While IT and Industrials sectors are in the lead..
Mirroring 10% drop in the price of Brent YTD. And this is despite fairly upbeat growth projection, which obviously market doesn’t believe into (or is fully priced in, since the oil price is still some 15-20% higher than where it was last year.) While IT and Industrials sectors are in the lead..
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