The "big trouble" Trump is coming, and Emerging Markets stock indices have fallen into a Range adjustment.

As of this Thursday, the MSCI Emerging Markets Index has dropped 10% from its high three months ago. According to Bank of America, during the week ending November 13 of last year, following the USA elections, there was a total outflow of 7.5 billion USD from Global Emerging Markets Stocks Fund, marking the largest weekly outflow in a decade.

wallstreetcnJan 10 06:40

As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.

Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.

wallstreetcnJan 3 20:51

South Korea Impeaches Acting President Han Duck-soo After Yoon Suk-Yeol

Seeking AlphaDec 27, 2024 16:36

South Korean President Yoon Impeached Over Martial Law Debacle

Seeking AlphaDec 14, 2024 22:16

South Korean Political Unrest Puts Spotlight on GAMR and Other ETFs With Heavy Exposure to the Nation

Seeking AlphaDec 4, 2024 22:11

Trump's 2.0 policy supports the strength of the dollar, while emerging markets face a double blow in both stocks and currency.

The MSCI emerging markets stocks index fell by 0.8% at one point, marking its fourth consecutive day of decline, setting the longest losing streak in three weeks.

Zhitong FinanceNov 13, 2024 19:10