Politicians and traders have cut short their holidays to address the sharp falls in markets seen since the start of the month - but should they have stayed on the beach?
Those investors with the chutzpah - or even the ability – to have invested in equities listed in the Caribbean would have been rewarded with rising markets at a time when major indices posted falls of 10% or more. Data from MSCI shows its indices in Jamaica and Trinidad & Tobago are two of just three to have risen over the course of the month thus far, posting gains of 2.2% and 0.5% respectively. But August’s leading index is unlikely to have been on the minds of those at home or abroad: the near 2.3% rise in the MSCI Zimbabwe index seen since the start of the month puts it at the top...
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