Some rise in Average Goals per match implies higher inflation reading and possible a more robust global growth
2014 average goals was 2.7
Russia, Serbia, Japan are the WC favourites on Goldman Sachs Averages… (see next slide for original GS Data)
Original GS Dataset Used to Derive Favourite Rankings
In fact Russia ranks at the Top even if not qualifying markets are included
Arable Land Is Important Factor in Determining WC Country Success – Russia, Australia, Brazil ..
June 13 Fed Decision, and then World Cup June 14 matches
WC Groups
Russia In World Cups- Success Matches Economy
Economic success is not required of winners.. Germany was an example..
Global Battle Deaths Fall as Red card expulsions rise But a recent drop in red cards is worrisome – implying a possible rise in global warfare deaths. Therefore Red cards on 2018 WC will be an important variable to watch
Trade wars – a consequence of a stagnating number of countries in WC .. 32 since 1998
Some rise in Average Goals per match implies higher inflation reading and possible a more robust global growth
YTD IT sector and Consumer discretionary sector in the lead
Telecoms and consumer stocks are lagging.
In May Consumer discretionary sector takes number one spot. Utilities and Energy sectors are behind.
May performance wrap: Emerging markets – supported by China; European markets – weaker; US markets – very strong in May; Frontier markets tanked.
Oil price finished slightly higher in May; Gold price – down a notch in dollar terms – but strong in Euro, Yen and Rupee; Copper was down; Aluminium – sharply down and Nickel was very strong; Some emerging markets collapsed – ie Turkey, Brazil, Argentina and Hungary
Dollar strength is in focus, next Fed move, Italy crisis, US China trade war in focus as well as N.Korea and Iran.
World cup in Russia and all other things connected to Russia, Ukraine and sanctions.
GS World cup statistics on Midlincoln interpretations imply Russia has a very good chance this time. But it also imply all other sorts of interesting things..
Performance is between 2018-06-01 and 2018-05-01
Top Longs Based On Momentum in each Sector and Period Change
| sector | Pick |
| Information Technology | YAGEO CORP Taiwan 63.02% |
| Consumer Discretionary | TRIPADVISOR INC United States 46.61% |
| Health Care | ALIBABA HEALTH INFORMATION TECH LT China 71.15% |
| Financials | GFH FINANCIAL GROUP Bahrain 21.21% |
| Energy | HOLLYFRONTIER CORP United States 25.62% |
| Consumer Staples | BRITISH AMERICAN TOBACCO (MALAYSIA Malaysia 42.55% |
| Industrials | WEICHAI POWER LTD H China 21.93% |
| Materials | MARTIN MARIETTA MATERIALS INC United States 15.47% |
| Utilities | CHINA GAS HOLDINGS LTD China 25.28% |
| Real Estate | HOST HOTELS & RESORTS REIT INC United States 14.00% |
Top Shorts Based On Momentum in each Sector and Period Change
| sector | Pick |
| Information Technology | VAKRANGEE LTD India -62.68% |
| Consumer Discretionary | FOLLI FOLLIE COMMERCIAL MANUFACTUR Greece -70.00% |
| Health Care | GENMAB Denmark -23.32% |
| Financials | GRUPO SUPERVIELLE ADR REPRESENTING Argentina -28.66% |
| Energy | TOTAL MAROC SAINARY Morocco -33.67% |
| Consumer Staples | ULKER BISKUVI SANAYI A Turkey -23.86% |
| Industrials | IJM CORP. BHD Malaysia -34.78% |
| Materials | PETKIM PETROKIMYA HOLDING A Turkey -42.20% |
| Utilities | YTL CORP. BHD Malaysia -33.33% |
| Real Estate | EMLAK KONUT GAYRIMENKUL YATIRIM OR Turkey -26.23% |
Recent Industry/Sectors Ideas
Recent ML Rural Highlights. Small Towns and Villages
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