Around The World: Muddling & Chugging Along

Some of the major economies of the world are in recessions or nearly so, but the global economy is holding up thanks to the strong US economy. Perversely, several global stock markets are at record highs, with both the All Country World (ACW) MSCI and even the ACW ex-US MSCI at record highs. Today, we look at which developed and emerging countries’ stock indexes are participating in the strength and which countries are experiencing the manufacturing growth to support strong stock markets. … Also: A brief assessment of the economies of the US, China, and Japan vis-à-vis their recent stock market vitality.