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Takeaway: We expect this outperformance to continue, provided that the US Dollar doesn’t breakout versus the Euro.

Any idea what the Top-3 stock markets in the world are year-to-date?

They are all European. Greece, Portugal, and Austria. Incidentally, European Stocks handily beat US and Asian Stocks last week with Spain +5.0% and Austria +4.9% leading #GrowthDivergences.

Bullish on Growth Divergences Yet? - darke44

We expect this outperformance to continue, provided that the US Dollar doesn’t breakout versus the Euro.

Take a look at our #GrowthDivergences Macro Theme for Q1. (Ping sales@hedgeye.com for access.)  

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