There has been much speculation as to when the US Central Bank will start to scale back its stimulus program.
Our October snapshot looks at the implications for world markets, particularly developing countries, as the tide of global investment sentiment turns.
As the easy money flows out of developing countries, the need for structural reforms can no longer be ignored. That’s not to say that investors should avoid the developing world entirely, but discrimination is becoming increasingly important.
At home we have not been immune to global shifts in money flows either with recent falls in the Aussie dollar and renewed interest by global investors in the US and European markets.
We hope this article provides a useful tool in thinking about global investment sentiment and its impact on your portfolio.
Please contact us if you would like to talk about your investment strategy.
The VISIS Team.