Daily Archives: February 21, 2018

Trend Behavior: Comparing US vs. Emerging Markets Stocks

Standard finance theory tells us to select weights for stocks and other asset classes based on market value. By that standard, emerging markets deserve a relatively light touch in portfolios. But this strikes some investors are misguided. As Frontera, a research shop, noted last year, “Emerging Markets Account for 80% of Global GDP Growth But Only 10% of World Equity Market Cap.”
Continue reading

Macro Briefing: 21 February 2018

Supreme Court rejects challenge to waiting period for gun purchases: Reuters
Shocking new corruption charges leveled at Israel’s Netanyahu: LA Times
Obama’s chief economist: Trump’s economic projections are “absurd”: Vox
Weak sales growth for Wal-Mart rattled investors on Tuesday: USA Today
How will the US safety net for workers fare in the next recession? NY Times
Venezuela launches crypto currency; reports raising $735 million: Reuters
Study projects world’s oceans rising 3 feet by 2300: Nature Communications
Treasury auction sees 3- and 6-mo bills sell at rates unseen since 2008: Bloomberg
2-year Treasury rate continues rising, setting another 10yr high on Tues: 2.25%