Global Equities: bull market break out

Callum_Thomas
11-01

Global Equities: bull market break out

Took a while, but global equities (ex-US) finally have broken out to new highs and with improving breadth.

Unlike US stocks, global ex-US are still cheap, so this is a very interesting development indeed...

Line chart titled Global Equities 200DMA Breadth for 70 countries main indices, with y-axis from 0 to 400 percent, x-axis months from 01 to 25, black line showing data trend rising to new highs, horizontal blue line at 350, red line below 200-day moving average threshold, labeled Countries markets above 200 day moving average in red

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