Issues
The MSCI World Index now has a remarkable 72% market value weighting in U.S. stocks.
In other words, 72% of the market value of stocks trading around the world represent companies headquartered in America.
This begs the question: Should investors be this concentrated in a single market?
In other words, 72% of the market value of stocks trading around the world represent companies headquartered in America.
This begs the question: Should investors be this concentrated in a single market?
Updates
China’s benchmark CSI 300 index has surged 25% in the five days following Beijing’s stimulus measures to unleash its economy and financial markets. This has led to some catch-up growth for Explorer stock and fund recommendations.
The action was not limited to just Chinese stocks but also stocks looking to China for growth. I mentioned commodities last week, but another winner was the luxury business.
The action was not limited to just Chinese stocks but also stocks looking to China for growth. I mentioned commodities last week, but another winner was the luxury business.