August 7, 2019—For over two months, residents of Hong Kong, a chief global financial hub, have been engaged in disruptive strikes and protests, including violent clashes with police. The latest disruptions occurred on Monday, August 6. Here, we explain the nature of the protests and discuss investment implications.
June 28, 2019—If you’ve been invested in international developed country stocks over the last ten years, you would have done much better investing in the international consumer staples, health care, and information technology sectors, rather than in financials or energy (see Figure 1). Why has this been the case?
Figure : International developed stocks (MSCI EAFE) by sector
10-year annualized returns
Data as of May 31, 2019
The MSCI EAFE Index returned 6.
May 29, 2019—On May 24, Theresa May announced that she would resign as Conservative Party Leader and Prime Minister (PM), effective June 7. She said that she would stay on as caretaker until a new leader is elected, which is expected by the end of July.