the possibility that the US stock market’s year-to-date performance would slip to second place as Africa shares rallied. Nearly two weeks later, the switch is complete, based on a set of proxy ETFs.
On a more fundamental level, the leadership change this year in favor of AFK may reanimate the topic of international diversification. From a US-investor perspective, owning foreign shares in recent years has incurred a non-trivial opportunity cost. But the core argument for going global has suffered in recent years as foreign returns overall have lagged and the correlation between US shares and offshore stocks has increased.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
African Stocks May Be Poised to Overtake US Equities in 2024Stocks Analysis by James Picerno covering: S&P 500, SPDR® S&P 500, VanEck Africa Index ETF. Read James Picerno's latest article on Investing.com
Consulte Mais informação »
Is the Housing Market Poised for a Rebound?Stocks Analysis by James Picerno covering: SPDR® S&P 500, SPDR® S&P Homebuilders ETF. Read James Picerno's latest article on Investing.com
Consulte Mais informação »
Time to Rebalance? Global Markets Offer Better Prospects Over US StocksStocks Analysis by James Picerno covering: . Read James Picerno's latest article on Investing.com
Consulte Mais informação »