tag:blogger.com,1999:blog-897456774486153841.post8081551851318576309..comments2024-03-29T01:52:41.092-07:00Comments on VIX and More: Germany and China Faring Relatively Well in DownturnBill Lubyhttp://www.blogger.com/profile/01241003017364820134noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-897456774486153841.post-637275326149346332009-02-24T11:47:00.000-08:002009-02-24T11:47:00.000-08:00Good point about financials, but the data I found ...Good point about financials, but the data I found does not support the hypothesis. <BR/><BR/>For the DAX, the latest data I have are from the end of January. At that point, financials were about 18.5% of the total index -- almost twice their current weighting in the SPX. <BR/><BR/>For FXI, I show financials as 45% of the total index at the end of January.Bill Lubyhttps://www.blogger.com/profile/01241003017364820134noreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-81491528404128200712009-02-24T11:10:00.000-08:002009-02-24T11:10:00.000-08:00Mightn't this have much to do with the relative we...Mightn't this have much to do with the relative weightings of banks and other financial what-nots in the indices?<BR/>I recall Niall Feguson saying that German banks are more saddled with toxics than US -- dunno if true...<BR/>Let's see MSCI ex financials!Anonymousnoreply@blogger.com