Here's the point: the MSCI EAFE Index and the NYSE Composite correlate strongly, and the EAFE chart looks like it wants to crash, collapse and crawl under a rock. Get ready for all hell to break loose in the stock market.
Wednesday, August 22, 2012
MSCI EAFE Index Screams Stock Market Crash
From Wikipedia: The MSCI EAFE Index is a stock market index that is designed to measure the equity market performance of developed markets outside of the U.S. & Canada. It is maintained by MSCI Barra, a provider of investment decision support tools; the MSCI EAFE acronym stands for Morgan Stanley Capital International Europe, Australasia, and Far East.
Here's the point: the MSCI EAFE Index and the NYSE Composite correlate strongly, and the EAFE chart looks like it wants to crash, collapse and crawl under a rock. Get ready for all hell to break loose in the stock market.
Here's the point: the MSCI EAFE Index and the NYSE Composite correlate strongly, and the EAFE chart looks like it wants to crash, collapse and crawl under a rock. Get ready for all hell to break loose in the stock market.
