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 Новости

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.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 450. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »

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
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »