Worldwide recovery.
The European Index recovering by performing a 33% bounce from its bottom in October.
We are now down 12% from the highs set in October
The European Index recovering by performing a 33% bounce from its bottom in October.
We are now down 12% from the highs set in October
Asia has bounced 30% from its bottom and is still down 30% from its top in February 2021.
As a primarily US equities trader and investor it is easy to forget to check what the rest of the world is telling us.
Many of the top businesses in the US have exposure to foreign markets.
Non-US revenue:
39.2% of Russell 1000
17.9% of Russell 2000
29% of S&P500
Many of the top businesses in the US have exposure to foreign markets.
Non-US revenue:
39.2% of Russell 1000
17.9% of Russell 2000
29% of S&P500
When 30% of your market cap is accounted for by foreign countries, trends in other economies as shown by their ETFs is very important.
The rest of the world is telling us it is time.
The FED is the obstacle in the way, but bonds are starting to show us the direction.
The rest of the world is telling us it is time.
The FED is the obstacle in the way, but bonds are starting to show us the direction.
Historically the Bond market was the only asset class to listen to.
Druckenmiller: "As long as the FED follows through on this, I will once again be listening to the bond market in the months ahead. As I did in the first 25y in the business."
The best look at bonds for clues.
Druckenmiller: "As long as the FED follows through on this, I will once again be listening to the bond market in the months ahead. As I did in the first 25y in the business."
The best look at bonds for clues.
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