Just a little post to highlight that it is important to note when EEM is out of synch with S&P and ask why.
EEM often mirrors what the S&P does. As the U.S. stock market goes up and down it affects other countries.
BUT, it's also worth noting that, sometimes, emerging markets are affected by global market events before the S&P is. Which makes sense. A lot of their economies, industries, etc. aren't as robust as the U.S. so will take more damage or have a greater response to positive catalysts.
EEM is often a leading indicator of where SPY is going.
EEM often mirrors what the S&P does. As the U.S. stock market goes up and down it affects other countries.
BUT, it's also worth noting that, sometimes, emerging markets are affected by global market events before the S&P is. Which makes sense. A lot of their economies, industries, etc. aren't as robust as the U.S. so will take more damage or have a greater response to positive catalysts.
EEM is often a leading indicator of where SPY is going.