Professor Mark J. Perry's Blog for Economics and Finance
The MSCI Emerging Markets Index closed today above 700 for the first time since October 3, 2008 (see graph above). The MSCI Emerging Markets Index has advanced in 27 out of the last 38 trading sessions, and is up by 47.6% from its early March low, and 23.6% year-to-date.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
1 Comments:
Kudos to the trading desk at Goldman Sachs. This is where you put your retirement savings back in the stock market, and they tank your position.
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