Just a little post to highlight that it is important to note when EEM is out of synch with S&P and ask why.
EEM often mirrors what the S&P does. As the U.S. stock market goes up and down it affects other countries.
BUT, it's also worth noting that, sometimes, emerging markets are affected by global market events before the S&P is. Which makes sense. A lot of their economies, industries, etc. aren't as robust as the U.S. so will take more damage or have a greater response to positive catalysts.
EEM is often a leading indicator of where SPY is going.
EEM often mirrors what the S&P does. As the U.S. stock market goes up and down it affects other countries.
BUT, it's also worth noting that, sometimes, emerging markets are affected by global market events before the S&P is. Which makes sense. A lot of their economies, industries, etc. aren't as robust as the U.S. so will take more damage or have a greater response to positive catalysts.
EEM is often a leading indicator of where SPY is going.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.