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Markets Unprepared For West-To-East Capital Repatriation | Louis Gave
While much of Wall Street's focus over past recent years has been on the Big US Tech stocks, aka the Magnificent 7, there are an increasing number of seismic developments happening internationally investors need to be aware of. For example, emerging market stocks have positively trounced tech stocks since June. And to name just a few others: - China is now firing i's monetary and fiscal bazookas with gusto. - India is now the world's fastest growing major economy & its stock market is booming. - Japan just elected a new prime minister whose hawkish policies might end the yen/dollar carry…
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