Africa Stocks Overtake US Shares as Top Performer in 2024

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 22 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

S&P 500 Berita

SPDR® S&P 500,US Dollar Index Futures,Vaneck Africa Index ETF

Stocks Analysis by James Picerno covering: S&P 500, SPDR® S&P 500, US Dollar Index Futures, VanEck Africa Index ETF. Read James Picerno's latest article on Investing.com

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 450. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

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
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

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
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »

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
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »