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European defensive sectors are back in favour

During the recent period of euphoria, stock markets neglected defensive sectors. These interrupted their relative outperformance trends. This, however, has changed in the recent weeks.    

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Posted in Financial Markets, Long-Term Charts, Relative Price Charts
“With a Steady Hand”
Welcome to the weblog of Karl-Heinz Thielmann, fund manager, financial analyst, economist and dedicated long-term investor.

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