|Bid||93.09 x 1200|
|Ask||93.37 x 1200|
|Day's Range||93.00 - 93.31|
|52 Week Range||83.98 - 108.48|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.01|
|Expense Ratio (net)||0.49%|
An old adage says that when the United States sneezes, the rest of the world catches a cold. Recently, though, as the United States slows modestly, emerging market stocks seem to have caught something more like pneumonia, observes George Putnam, editor of The Turnaround Letter.
In Europe, trade is front and center as the U.K. struggles to disentangle itself from its former partners in the European Union, explains fund expert John Bonnanzio, editor of Fidelity Monitor & Insight.
Asian markets were among the worst off in 2018 as trade tensions, U.S. interest rate hikes and China’s deleveraging policies sent investors running. However, now that the dust is settling, investors may ...
Value investors who are looking for a deal should look to international ETFs as global stocks are now trading at their lowest valuations in over two years. Major indices in Europe, Japan, Shanghai, Hong Kong, Argentina and Canada are all trading in correction territory, or off at least 10% from a recent high, while the U.S. is testing that precipice of after a selloff last week wiped out all of the S&P 500 and Dow Jones Industrial Average’s gains for the year, the Wall Street Journal reports. The selling and pessimism have also pushed the forward price-to-earnings ratio of the MSCI All Country World Index, which follows 23 developed and 24 emerging markets, to around 18, its lowest level since early 2016.
While the emerging markets have stumbled in recent months, investors should still consider opportunities in Asian markets and related exchange traded funds. Malaysia, the Philippines, Indonesia and China ...