Excitement in Chinese stocks has ratcheted up this year, with share prices rising rapidly in China and in emerging markets (EM) equities in general. Ironically, this is occurring at the same time that EM-listed corporate profits have been contracting. So it appears that it is not profits that are driving Chinese and EM stocks higher.
“Sell in May and go away?” Hear what sectors Joe Terranova thinks are most vulnerable in the May “Vital Signs” podcast.
Evidence is mounting that it may be a good time to invest in international developed market equities.
Kleinwort Benson Investors International (KBII)
Where to from here...can equity markets keep going?
Are we on the cusp of a change in market volatility?
Past performance is not a guarantee of future results.
Virtus Investment Partners provides this communication as a matter of general information. The opinions stated herein are those of the author and not necessarily the opinions of Virtus, its affiliates or its subadvisers. Portfolio managers at Virtus make investment decisions in accordance with specific client guidelines and restrictions. As a result, client accounts may differ in strategy and composition from the information presented herein. Any facts and statistics quoted are from sources believed to be reliable, but they may be incomplete or condensed and we do not guarantee their accuracy. This communication is not an offer or solicitation to purchase or sell any security, and it is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.