Tag Archives: global-economic

Michael Johnston submits: From an investment perspective, the U.S. has historically been the dog and the rest of the world the tail. Global equity markets have taken their cues from Wall Street, and economic developments in the U.S have rippled throughout the world. The U.S. remains a very important part of the global economy, but the last few years have seen a meteoric rise of emerging markets, the new drivers of global economic growth. China in particular has become a critical economy to watch, as evidenced by the intense focus of investors on the government’s plans for unwinding the stimulus plan. While both the U.S. and Chinese economies offer numerous investment options, most investors tend to gravitate towards large firms with established track records. Two of the most popular ways to access these markets are with the Dow Jones Industrial Average ETF ( DIA ) and iShares FTSE/Xinhua China 25 Index Fund ( FXI ) representing the “blue chips” and “red chips” respectively. Complete Story