The World is an Ugly Place Right Now

  • SumoMe

Chances are you may have seen the title of this piece and shook your head side to side in knowing discouragement.  You may now be expecting me to launch into a rant about ISIS, terrorism, world economies or geopolitics in general.  Did you forget I am a financial writer?  As such I don’t do politics (in fact the only thing I hate more than politics are politicians, but I digress).

My only interest (in terms of writing) is the financial markets – stock markets primarily.  And like a said, the world is an ugly place right now.

I follow several “Regional” indexes that I created using ETFs within AIQ TradingExpert.

Consider Figures 1 through 4 below

Figure 1 displays my own ETF composite index for the “Americas” region.  The tickers included are: ECH – Chile; EWC – Canada; EWW – Mexico; EWZ – Brazil; IYY – USA

Figure 2 displays my own ETF composite index for the “Asia Pacific” region.  The tickers included are: EPI – India; EWA – Australia; EWH – Hong Kong; EWJ – Japan; EWM – Malaysia; EWT – Taiwan; EWY – South Korea; FXI – China; IDX – Indonesia; RSX – Russia; THD – Thailand; VNM – Viet Nam

Figure 3 displays my own ETF composite index for the “European” region.  The tickers included are: ECD – Sweden; EWG – Germany; EWI – Italy; EWK – Belgium; EWL – Switzerland; EWN – Netherlands; EWO – Austria; EWP – Spain; EWQ – France; EWU – United Kingdom; VGK – Vanguard European VIPER

Figure 4 displays my own ETF composite index for the “Middle East” region.  The tickers included are: EGPT – Egypt; ESI – Israel; EZA – South Africa; TUR – Turkey;

Now take a look at the ugliness contained in Figures 1 through 4.

(click to enlarge)1Figures 1 through 4 – Clockwise from Upper left (Americas, Europe, Middle East and Asia/Pacific (Courtesy: AIQ TradingExpert)

Notice anything these indexes ll have in common?

For the record, as of 12/31/2015:

World Region – Americas      -32.6% off of 2014 high

World Region – Asia Pacific   -23.3% off of 2014 high

World Region – Europe         -19.0% off of 2014 high

World Region – Middle East   -30.7% off of 2014 high

Like I said, the world is an ugly place right now.

(See also JayOnTheMarkets.com: The World is an Ugly Place Right Now (Part 2))

Jay Kaeppel