We live in a global market environment. Too often people I talk to around the country think that it’s only the U.S. markets that affect other U.S. stocks and markets.
Let me be the one to tell you: There is nothing – nothing – that could be further from the truth.
In reality, what’s happening in Europe affects what’s happening in South America – and what’s happening there may play a hand in what stocks are doing in Southeast Asia.
It’s the 21st century and everything’s connected.
So I thought it would help to illustrate that by putting this little video together. I call it “Investing Around the World.” Five minutes, surveys for eight stock exchanges – from the OMX Copenhagen all the way out to the Taiwan Stock Exchange.
Watch the video; you’ll notice a lot of little trends playing out the same way throughout the globe .
And in my opinion, the London FTSE 100 is the one that really tells the story. Flat since 1999 and just now breaking out.
Sound familiar? Here in the U.S., the S&P 500 has been flat for quite a while, and the same goes for the Dow and Emerging Markets.
Sure, we’ll move up and down a little bit from month to month. But year to year, we’re mostly flat.
So, to me, it’s hard to make an argument that we’ve gone too far too fast – or that at some point soon stocks need to sell off. All evidence suggests that stocks are going higher on global level.
Time to pay attention.