Post by account_disabled on Oct 20, 2023 23:16:51 GMT -5
On Wednesday, the 26th, the Central Bank of the United States increased the interest rate by 0.25% to the highest level in 22 years. There have been many quarters with interest rates rising and any investor would think that the stock markets must be suffering from this movement. Not this time…
In the first half of the year, we had a strong rise in the cell phone number list Nasdaq index , focused on technology companies, driven by investors believing that tech companies should experience a new wave of strong growth due to the development of Artificial Intelligence. For the year, the Nasdaq index has increased by more than 36% .
The Dow Jones index had already lagged behind. It is made up of “old economy” companies and was not sexy enough for investors. Created in 1896 by the editor of The Wall Street Journal and founder of Dow Jones & Company, Charles Dow, the Dow Jones Index is the second oldest index in the United States, after the Dow Jones Transportation Average.
Forgotten by the market during the first half of this year, the Dow Jones returned to the spotlight yesterday, when it marked its twelfth consecutive rise. Yes, you didn't read it wrong, the index has been rising for 13 days without stopping . The last time this happened was in 1987, that is, 36 years ago!
Everything indicates that today the index has a chance of finishing on the rise again, marking fourteen consecutive days of appreciation. If this happens, the index will have the longest sequence of appreciation since June 1897, close to the time it was created, in May 1896.
Hard to believe that such records are being broken with such a strong upward movement in US interest rates. There have been few moments in history so important to be selective when making your international investments and to count on the help of qualified professionals.
I invite you to discover the seriesNord Global, here from Nord. Like American indices, our portfolio has performed excellently since it was created three years ago.
In the first half of the year, we had a strong rise in the cell phone number list Nasdaq index , focused on technology companies, driven by investors believing that tech companies should experience a new wave of strong growth due to the development of Artificial Intelligence. For the year, the Nasdaq index has increased by more than 36% .
The Dow Jones index had already lagged behind. It is made up of “old economy” companies and was not sexy enough for investors. Created in 1896 by the editor of The Wall Street Journal and founder of Dow Jones & Company, Charles Dow, the Dow Jones Index is the second oldest index in the United States, after the Dow Jones Transportation Average.
Forgotten by the market during the first half of this year, the Dow Jones returned to the spotlight yesterday, when it marked its twelfth consecutive rise. Yes, you didn't read it wrong, the index has been rising for 13 days without stopping . The last time this happened was in 1987, that is, 36 years ago!
Everything indicates that today the index has a chance of finishing on the rise again, marking fourteen consecutive days of appreciation. If this happens, the index will have the longest sequence of appreciation since June 1897, close to the time it was created, in May 1896.
Hard to believe that such records are being broken with such a strong upward movement in US interest rates. There have been few moments in history so important to be selective when making your international investments and to count on the help of qualified professionals.
I invite you to discover the seriesNord Global, here from Nord. Like American indices, our portfolio has performed excellently since it was created three years ago.
