Where Is The Money Flowing? A Look at The 12-Week Global Trend
December 31, 2012 11:23 am
Using the Relative Rotation Graph from Bloomberg, we can see that there is a move to push money toward Asian equities. Japan stock have enjoyed a rather impressive run as the Yen has been weakening of late. China is also seeing some active buying as the U.S. equity markets are in a rut.
Perhaps this is simply a rotation into those regions that have not enjoyed a decent year or a move out of U.S. equities on the fiscal cliff bickering.