Investors have become familiar with the term “contagion” in recent years, but most are accustomed to hearing the phenomenon discussed in relation to sovereign debt defaults in Europe or across U.S. municipalities. But in recent days the Middle East has seen a wave of revolutionary protests and rallies spread across the region, as what began as calls for democratic overhauls in Cairo has quickly spread to a handful of other countries. [click to continue…]
Egypt has become the center of the news world over the last week, as a series of violent protests and intensifying calls for a regime change have left the future of one of Africa’s most populous countries in doubt. Though violence has been limited to a relatively small number of incidents, protesters have continued to [...]
When domestic and international equity markets tumbled in the first three months of this year, bargain hunters were overwhelmed with possibilities. As price-to-earnings ratios plunged into the single digits, those who follow the Buffett mantra “be fearful when others are greedy and greedy when others are fearful” were presented with one of the best buying [...]
Index compiler MSCI Barra announced earlier this week that Israel will be reclassified from Emerging market status to Developed market status, forcing some of the largest ETFs on the market to do some rebalancing in the coming months. Israel will be removed from the MSCI Emerging Markets Index and the MSCI EMEMEA Index, which includes emerging [...]
