There is no such thing as a global capital markets index. We have stock indexes, bond indexes, and stock-and-bond indexes. We have country indexes and indexes of leading economic indicators and consumer sentiment. We have commodity-freight and architectural-billings indexes. Bloomberg terminals offer access to tens of thousands of indexes that are essential, interesting, or arcane.

Yet there is no investable index that tracks the performance of equities, fixed-income securities, commodities, real estate and currencies worldwide; there is not even a tracking index or proxy that measures the performance of multiple asset categories on a global basis.

There is no worldwide capital markets index. For global macro investors, this will not do.

You Say You Want a Resolution?

In 2008, we will introduce the Stracia™ Globally Optimized™ Capital Markets Index™ (GOCMX). We believe it will be the world’s first and only index of global capital markets, and the first and only optimized index of any kind, ever.

Happy New Year. Stay tuned for details. ♦