Global Stock Markets Surge as MSCI Index Reaches New Highs

According to BlockBeats, analysis from The Kobeissi Letter reveals that approximately 94% of markets within the MSCI All Country World Index (ACWI) are currently operating above their 200-day moving average, nearing a five-year peak. Additionally, about 87% of ACWI countries are above their 50-day moving average, marking the highest level since July of this year. The ACWI index encompasses 23 developed markets and 24 emerging markets, representing roughly 85% of investable stocks worldwide. Year-to-date, the ACWI index has risen by 21 source: https://www.binance.com/en/square/post/34417570729073?utm_source=BinanceNewsRSS