Ex-U.S. Gets Hit On Energy Price Spike

Bespoke Investment Group48.44K FollowersFollow5ShareSavePlay(2min)CommentsSummaryThe S&P 500 opened down more than 1% to start the week after the US attacked Iran over the weekend, but the index closed slightly positive by day's end.Key international equity ETFs like CWI (all world ex. US), EEM (emerging markets), VPL (Pacific region), and FEZ (Europe) were solidly green through February, but they fell sharply today.The reason for today's global equity divergence was a spike in energy prices due to the attack on Iran. Bet_Noire/iStock via Getty Images The S&P 500 opened down more than 1% to start the week after the US attacked Iran over the weekend, but the index closed slightly positive by day's end. Earlier this week, we published a write-up highlighting the recentThis article was written byBespoke Investment Group48.44K FollowersFollowBespoke Investment Group provides some of the most original content and intuitive thinking on the Street. Founded by Paul Hickey and Justin Walters, formerly of Birinyi Associates and creators of the acclaimed TickerSense blog, Bespoke offers multiple products that allow anyone, from institutions to the most modest investor, to gain the data and knowledge necessary to make intelligent and profitable investment decisions. Along with running their Think B.I.G. finance blog, Bespoke provides timely investment ideas through its Bespoke Premium (https://bespokepremium.com/) subscription service and also manages money (https://bespokepremium.com/mm) for high net worth individuals. Visit: Bespoke Investment Group (https://bespokeinvest.com/)