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URTH / URTH: Developed Markets Are At The Goldilocks Interlude

URTH: Developed Markets Are At The Goldilocks Interlude
The iShares MSCI World ETF provides exposure to developed markets, not the entire world, and its share price has been trending higher since October last year. The ETF's performance is largely correlated to the U.S. market due to its significant U.S. asset base, with tech stocks like Apple, Microsoft, and Nvidia driving growth. Despite a Goldilocks-style growth, there are risks to developed markets from tight monetary policies and U.S-China decoupling, and a correction in the ETF's value appears imminent. Read More
Posted: Jul 9 2023, 08:49
Author Name: Seeking Alpha
Views: 092036

URTH News  

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