Global stock markets have experienced significant gains, with the MSCI All Country World Index (ACWI) reaching a new all-time high. This index covers 23 developed and 24 emerging markets worldwide, representing approximately 85% of global investment. Recent analysis shows that about 94% of markets are trading above their 200-day moving average, nearing the highest level in five years. Additionally, around 87% of countries are above their 50-day moving average, the highest since July this year. The index has grown by 21.6% since the beginning of the year and is on track to post positive returns for a third consecutive year. Notably, excluding the United States, the MSCI ACWI has outperformed the S&P 500 by 12 percentage points—the largest gap since 2009—indicating stronger returns from markets outside the U.S. This trend reflects renewed investor confidence and positive market momentum globally, encouraging diversification in investment portfolios and supporting economic recovery. However, investors are advised to remain cautious due to potential shifts in global economic conditions and geopolitical risks. The strong performance of global stock markets has created an optimistic environment, contributing to the stability of the global economy. Monitoring future market directions and economic factors will be crucial for informed investment decisions.
Source: binance