MXASJ performance around Fed tightening

MXASJ Fall Similar To 1994 And 2004 Episodes: Credit Suisse

With Fed tightening in the air, the MSCI Asia ex-Japan (MXASJ) has dropped 25% from the highs in the current episode, compared to the 21% to 25% corrections witnessed in 1994 and 2004. This suggests that history is repeating itself, according to Credit Suisse. Sakthi Siva and Kin Nang Chik pointed out in their Sept. 4 research report on APAC Equity Strategy that historically, the MXASJ has bottomed one month prior to two months after.
MXASJ P/B was much lower
Siva and Chik point out that amidst . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers

Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 now just 2 subscribers whichever comes first – please do not share this discount with others