By Dhara Ranasinghe LONDON (Reuters) - Global stock markets fell for a third straight day on Monday, hurt by worries over the escalation of trade disputes between world powers and a deepening sell-off across emerging market currencies. With U.S. markets closed for Labor Day, trading activity was generally subdued. European shares were largely flat <.STOXX> <.GDAXI> <.FCHI>, although London's blue-chip FTSE rallied almost 1 percent <.FTSE> thanks to a weak British pound. In Asia, MSCI's broadest index of shares outside Japan <.MIAPJ0000PUS> and Tokyo's blue-chip Nikkei <.N225> shed about 0.7 percent each. MSCI's All-Country World Index, <.MIWD00000PUS>, a gauge of 47 markets, dipped 0.2 percent and the main emerging equity index fell 0.7 percent <.MSCIEF>, bearing the brunt of global trade fears. U.S. President Donald Trump said at the weekend there was no need to keep Canada in the North American Free Trade Agreement and warned Congress … [Read more...] about World stocks slip for third day as trade, emerging market worries bite
Msci all country world
By Ritvik Carvalho and Julien Ponthus LONDON (Reuters) - For investors trying to call the end of the bull run for stocks, the headline performance of the world's equity markets this year may not be telling the whole story. Wall Street's S&P 500 <.SPX> is up 2.5 percent continuing its longest bull run in history while the MSCI All-Country World Index <.dMIWD00000PUS>, a widely watched gauge of world stock market health, has lost just 5 percent despite fears of a global trade war and a slowdown in China's growth. But according to data analysed by Reuters, the proportion of stocks, regions and sectors that are technically in a bear market has shot up since the start of January, prompting some analysts to conclude the bull run may already be over. (For graphic on Bears are taking over, click https://tmsnrt.rs/2NZdzgj) At the start of the year, 9.3 percent of the individual constituents of the S&P 500 index were in a so-called bear market - defined as stocks that have … [Read more...] about How bears are taking over world stock markets
By Carolyn Cohn LONDON (Reuters) – The world’s richest families are worried about the U.S.-China trade spat, Brexit, populism and climate change and are keeping more of their money in cash, according to a survey of family offices by the world’s largest wealth manager. Forty-two percent of family offices – set up to manage the wealth of one or more rich families – have increased their cash piles this year, according to the survey of 360 family offices by Swiss bank UBS and Campden Wealth Research. Total cash reserves were 7.6% of family office investments in 2019, up 70 basis points from a year earlier. Fifty-five percent of family office executives expect recession to begin by next year, 63% believe Brexit is negative for Britain as an investment destination in the long term and 84% think populism will not fade by next year. “Family offices are taking a dim view of geopolitical events,” Sara Ferrari, head of UBS’ Global Family Office … [Read more...] about World’s richest families fret about geopolitics, climate change
The latest evidence that President Donald Trump’s trade war is not the disaster “experts” predicted came via the Wall Street Journal on Tuesday: investors are moving their money into the United States as Trump’s aggressive policies destabilize competing markets. The Wall Street Journal tells us the American market is far tougher than the authoritarian states that were supposed to easily defeat us in tariff battles:The White House’s recent actions on trade and international sanctions have amplified steep declines across markets in Turkey, Russia and China at a time emerging economies were already grappling with a stronger dollar and decelerating global growth. U.S. stocks have beaten foreign stocks in part as investors seek a more stable market during the rocky period, analysts say. Strong U.S. economic and earnings growth has helped. While the S&P 500 has risen 4.5% this quarter and is trading within roughly 1% of its all time high, the MSCI AC World … [Read more...] about Hayward: Trump Policy Shakes Up Foreign Markets, Brings Investors to the U.S.
The general public may not be familiar with the term “frontier market,” but frontier markets represent the vast majority of the fastest-growing economies in the world. The term “frontier market” generally refers to the smaller emerging markets, including those that have been excluded from the emerging markets indices, such as the MSCI Emerging Markets Index. Frontier markets represent extremely promising investment opportunities as a result of this potential for growth. However, investing in these markets can come with additional risks and background work when compared to investing in more developed markets.When investing in frontier markets, it is important to understand the situation on the ground in the target market, since the potential risks and opportunities may not be adequately reported in news stories or in investment analyst reports. Having friends, family members, or business associates in the target country or who travel frequently to … [Read more...] about Frontier Markets – Smallest Markets Represent Promising but Overlooked Investment Opportunities