|Bid||73.15 x 500|
|Ask||82.33 x 1200|
|Day's Range||77.63 - 78.49|
|52 Week Range||59.77 - 83.52|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.70%|
Wall Street analysts have expressed mixed views of Advanced Micro Devices (AMD) and NVIDIA (NVDA) and have given consensus “hold” recommendations for both stocks. AMD has a consensus price target of $13.0 and is currently trading at $12.4, while NVIDIA has a price target of $234 and is trading above $236.0.
Expectations for a lower level of volatility in the last week of summer were shattered as North Korea fired another missile on Tuesday morning.
The Bloomberg J.P. Morgan Asia Dollar Index, which tracks the ten most active currencies in the region (excluding Japan), has spiked 3.4% since December 28.
Although Asian markets have outperformed most of the other regions this year, their performance over the past few years has remained sluggish overall.
Under Kim Jong-Un, North Korea has adopted a more aggressive stance toward its regional adversaries, fueling unprecedented tension in the region.
Since Donald Trump took office, there has been a surge in business confidence on the hope that his new administration will cut corporate taxes.
South Korea, Asia’s (AAXJ) fourth-largest economy, posted a decline in its unemployment rate to 3.6% in May 2017 as compared to 4% in April of 2017.
A higher allocation to Asia could certainly provide diversification benefits to investors while enhancing their risk-adjusted returns.
Many Asia benchmarks covering high market capitalization across the region provide exposure only to Chinese stocks (FXI) (EWH) listed in Hong Kong, also known as H-shares.
Although American investors have focused on domestic markets in the past, investors seeking long-term capital appreciation need to focus on Asia as well.
The rapid rise in income levels and robust population growth in Asian nations (AAXJ) should sustain strong consumption growth.
Total factor productivity measures increases in overall output due to technological advancement without an increase in inputs.