Thursday, March 10, 2005

Where the money is flowing globally

Today was the 5th anniversary of all-time high for Nasdaq of 5048.62. Om did a good job of assembling some good articles on the topic. Obviously we are no where close to that all time high. But a regular reader forwarded me an article on where the money is flowing globally. Acording to the article, of the 26 international benchmark indices, as many as 13 have hit their lifetime highs during the month of February. Of the 13 world indices at all-time highs in February, four are from Europe, three from the Americas, two each from Asia, the Pacific, and the Africa/Middle East as follows:
Argentina(MerVal), Australia(All Ordinaries), Austria(ATX), Czech Republic(PX50), Egypt(CMA), India(BSE Sensex), Indonesia(Jakarta Composite), Israel(TA-100), Mexico(IPC), New Zealand(NZSE 50), Norway(OSE All Share), Thailand(SET ), Turkey(ISE National-100), United States (NYSE Composite).

The best way to play the bullish international markets are through ETFs or International Mutual Funds. I find ETF Connect very helpful.

1 Comments:

Blogger St Louis Cardinals BUFF said...

So many blogs and only 10 numbers to rate them. I'll have to give you a 9 because you have a quailty topic.

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