Despite the record-breaking highs achieved by US stock markets, 2018 is ending with virtually all those gains wiped out. And it’s not just the United States that has suffered. Germany’s DAX, the United Kingdom’s FTSE 100 and Japan’s Nikkei 225 are all ending the year firmly in the red.
Emerging markets are already looking forward to 2019, glad to see 2018 nearly behind them. It turned out not to be a good year for emerging markets as a whole, after being on top of the world in 2017. Factors beyond their control—such as the monetary-tightening regime in the United States and high-flying dollar, trade wars and market corrections in developed economies—are largely to blame, but recognizing this will not erase the pain.
Secondary stock markets and cryptocurrency markets share a few things in common. First off, they have both been panned by critics. But more importantly, they have slowly gained acceptance as vehicles to provide funds to pre-IPO growth firms, some of which are now worth millions, and create liquidity pools for investors. Will crypto markets follow the trail blazed by the once denounced secondary stock markets into widespread acceptance?
By Samantha Barnes, International Banker On February 5, the US stock market the Dow Jones Industrial Average suffered its largest…
The intelligent investor wants to know everything about a potential investment before sinking funds into it, and many portfolio managers today are finding a willing information partner in the big data available through today’s technology breakthroughs. Uncovering all that is needed to make a thoroughly informed investment decision in today’s age of advanced data science has never been easier, but still requires shrewd effort.
2017 has been a good year for US stock-market indices, in large measure due to the staggering performances of the Big Five of the technology sector, which are hitting levels not seen since the dotcom boom 20 years ago. Characterized by unmatched success in such areas as platform strength, innovation reinvestment, acquisitions and talent attraction, these technology giants seem guaranteed to keep on winning.
Russia is amongst the global heavyweights, but its economy and stock markets are vulnerable to forces outside of its control, especially the price of oil but also politics in other parts of the world, such as the United States. The country’s fortunes will depend on how oil prices fare but also on how well relations with the new administration in Washington pan out.
Brazil started the decade off as Latin America’s emerging-market darling but has been trapped in a dark economic and political tunnel since early 2014; is the country finally beginning to see the light at the end? One indicator, the Bovespa stock-market index, replies with a resounding yes.
According to the World Federation of Exchanges, China’s stock markets currently account for 10 percent of the total market capitalisation of all exchanges in the world, and hold an even greater share in terms of market turnover.
Saudi Arabia’s stock market always has been closed to direct participation of investors from abroad, but now the kingdom is looking to boost capital and has decided to open up its stock market to foreign investors. This will happen in the first half of next year, but the country’s Capital Market Authority, which made the announcement on July 22, added that the guidelines for participation will be made public in August.