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First Trust Exchange-Traded Fund III Horizon Managed Volatility Developed International
Stocks have had a very strong start to 2019, across most of the world. The MSCI All-Countries World Index (ACWI), of both developed and emerging market stocks, is up 12.8% since the start of the year. This is the bounce after late 2018's sharp falls. But why do disparate stock markets so often move the same way in the short term? How can longer-term investors profit from swings in short-term sentiment?
It's one of the curiosities of globalised finance and investing that the world's stock markets too often move up or down together over short