Market On Open, Sunday 25 January
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The Ebb And Flow Of Global Markets
by Alex King, CEO, Cestrian Capital Research, Inc.
For now, major markets outside of the US are having their moment. Whether it is European large cap stocks or Peruvian all-caps, there is a momentum play outside the S&P and the Nasdaq. If this ends up being a permanent arrangement I will fall off of my chair - in the end the size, power and liquidity of the US economy and markets always wins - but for now the outperformance is marked and likely to continue for a while yet.
In case you missed it over the weekend, here’s how we think these non-US markets can be navigated with safety even if you don’t happen to be an expert in German manufacturing names or Chilean food exporters.
Alex King
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