Paying attention is good. Knowing WHERE to pay attention is even better.
Leading market sectors often reveal what’s really happening beneath the surface.
In June 2017, Mark Galasiewski, Global Market Perspective’s Asian market strategist showed this chart and wrote:
“Leading sector indexes often provide important evidence to support or even to inform a wave count for the broader market. Nothing could be truer right now for the MSCI Emerging Markets Asia Infotech Index.
The index is leading Asian stock markets higher in a third-of-a-third-wave advance.“
What exactly did that imply?
A third wave is typically the strongest phase of a market advance. A third wave within a larger third wave—often called a “third of a third”—is where trends can accelerate dramatically.
What happened next?
As of June 2026, the MSCI Emerging Markets Asia Infotech Index has risen from roughly 500 to more than 3,500 — as in, a $10,000 investment would be worth close to $70,000.
That’s the value of paying attention in the right place.
Every month, Global Market Perspective analyzes more than 50 global markets—including stocks, commodities, currencies, bonds and emerging markets—to identify potential opportunities and risks across the globe.
The question isn’t what Global Market Perspective said in 2017.
The question is: What opportunities is it identifying today?
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Mark Galasiewski Asian Market Strategist
Mark Galasiewski (gala-SHEV-ski) began his analytical career in 2001, researching fundamentals of listed stocks at an institutional brokerage in Stamford, Connecticut. Since joining EWI, Mark has presented at several investment conferences in Asia and has been interviewed by and featured in major media outlets such as Bloomberg TV Asia, India’s CNBC TV-18 and ET Now, the South China Morning Post, Bloomberg newswire, Dow Jones Asia newswire, Barron’s, Forbes, and Press Trust India. Mark has a degree in East Asian Studies and lived for six years during the 1990s in Japan. He is fluent in Japanese and conversant in Mandarin Chinese. Mark joined EWI in 2005 and has been editor of the Asian Market Perspective section of Global Market Perspective since 2008.
