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An International Index Commonly Used as a Proxy for International

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An international index commonly used as a proxy for international equities that correlates approximately 80 percent with the S&P 500:


Definitions:

Calves

Young bovine animals, especially domestic cattle, or the young of other large mammals such as elephants and whales.

Number Expression

A mathematical phrase that can involve numbers and operations symbols, but doesn’t include an equal sign.

Loose Herds

Groups of animals that are not closely confined or controlled, often moving or feeding freely.

Acacia Trees

A genus of shrubs and trees known for their thorny branches, pod-like fruits, and ability to thrive in arid conditions, often found in tropical and subtropical regions.

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