 "Technology, stock markets")
The US stock market has enjoyed a premium over the rest of the world through most of 2018. However, the world’s biggest market is losing that margin quickly amid a sell-off that saw the Nasdaq Composite Index close in a bear market last week, and the S&P 500 Index on the cusp of one.
Currently, the premium between the MSCI USA index and the MSCI World (excluding USA) index has narrowed to 1.32, the lowest since June. At the start of the month, the premium had hit a record high of 1.46.
The S&P500 index had plunged 15
Currently, the premium between the MSCI USA index and the MSCI World (excluding USA) index has narrowed to 1.32, the lowest since June. At the start of the month, the premium had hit a record high of 1.46.
The S&P500 index had plunged 15
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