In the Olympics, American superiority in nearly every major event is almost a given. But how does America stack up against the world in terms of stock market sector performance? According to the latest research from Bespoke Investment Group, which compared the year-to-date performance of the ten MSCI US and World Ex US sectors, "all sectors except for financials have done better in the US than outside of the US this year, with both consumer sectors outperforming by the widest margin." In comparison with the rest of the world, the consumer staples and consumer discretionary sectors have held up remarkably well, despite the steady drumbeat of negative news in the media.
As can be seen in the chart at left, from technology to materials to energy to utilities, America has outperformed the world. However, in all fairness, the term "outperformed" is a bit of a misnomer, considering that every stock market sector is in the red this year. Maybe "underperformed the least" is a more accurate description?
[image: Bespoke Investment Group]







