Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
As Bitcoin continues to gain global use, more countries are adopting it as legal tender. El Salvador set the bar and now two territories have adopted the leading cryptocurrency as well, according to Forbes. Per Forbes, Prospera, which is a jurisdiction in Honduras joined Madeira, an autonomous region in Portugal, in adopting Bitcoin as legal [...] Read more at ETFtrends.com.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Strategy Van Eck Associates Corporation EM central banks continue to tighten, addressing new inflation risks. Earlier frontloading allows some to maintain (Peru) or even slow the pace of rate hikes (Brazil). But others (Poland, Uruguay, Sri Lanka) have to move faster. EM Rate Hike Frontloading Poland’s “oversized” [...] Read more at ETFtrends.com.
By Pierre Debru Head of Quantitative Research & Multi Asset Solutions at WisdomTree in Europe In the last few months, market visibility has significantly declined. The war in Ukraine created major geopolitical uncertainty. Inflation and the central banks’ hawkish stands weigh on developed economies and growth expectations. Quite logically, volatility is back in the markets. While the 20-day historical volatility of the MSCI [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Strategy Van Eck Associates Corporation While the market is rapidly re-pricing its expectations for rate hikes in DM, emerging markets continue to hike, but some are getting closer to the end of their tightening cycles. Rate Hike Expectations In Developed Markets The expectations for the U.S. Federal Reserve [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Strategy Van Eck Associates Corporation Summary Rising inflation pressures in EM Asia signal that regional central banks might need to tighten sooner than expected. Peru declares a curfew in response to anti-inflation protests. EM Asia inflation Pressures, Policy Reaction Upside inflation surprises in several Asian economies caught our attention [...] Read more at ETFtrends.com.
Globalization in all its forms, from social to economic to political, has been on the rise since about the 1970s, and I genuinely believe it’s had more benefits than drawbacks on average. Although it may seem hard to believe right now, the real cost of finished goods has trended down over the decades, and there’s [...] Read more at ETFtrends.com.
By Coulter Regal, CFA Associate Product Manager Van Eck Associates Corporation Summary Demand for food and agricultural products is growing. Here we address frequently asked questions about agribusiness and VanEck’s Agribusiness ETF (MOO). It is no secret that the world’s population is only increasing, and with it the demand for food and agricultural products. With [...] Read more at ETFtrends.com.
Spirit Airlines Inc. said it would consider JetBlue Airways Corp.’s bid to buy the airline for $3.6 billion and open discussions with its prospective buyer, the Wall Street Journal reported on Friday. JetBlue’s unsolicited offer follows discount airline Frontier Group Holdings Inc.’s announcement in February that planned to buy Spirit for $2.9 billion. In a note sent to [...] Read more at ETFtrends.com.
It’s going to be a big week for financial sector-related exchange traded funds as Wall Street banks are set to kick off the earnings season. JPMorgan Chase & Co (NYSE: JPM), the largest bank in the United States, reports first-quarter results on Wednesday. On Thursday, Citigroup Inc (NYSE: C), Wells Fargo & Co (NYSE: WFC), [...] Read more at ETFtrends.com.
Commodities continued to rise last month as investors look for ways to hedge against inflation and rising rates, however, investors may be missing out on an especially well-positioned strategy: merger arbitrage. Merger arbitrage is an alternative investment strategy offering investors the potential to create a more efficient and diversified portfolio, targeting both steady gains and [...] Read more at ETFtrends.com.
Exchange traded fund investors are dumping fixed-income assets, with bond funds suffering their 13th consecutive week of outflows. Bond funds continued to bleed assets for the 13th straight week ended April 6 as the Federal Reserve positions to drastically reduce its balance sheets and hike interest rates in a bid to curb inflation that has [...] Read more at ETFtrends.com.
As the Federal Reserve begins to aggressively tighten its monetary policy and potentially trigger a recession in the process, wary investors could turn to alternative or bearish exchange traded fund strategies to hedge the potential downside risks. According to Bank of America strategists, the macro-economic picture is deteriorating at a rapid clip and could cause [...] Read more at ETFtrends.com.
U.S. markets have just a four-day week next week heading into a holiday weekend, and with major players from the financial sector, including JPMorgan, BlackRock, and Goldman Sachs set to release earnings and expectations of the consumer price index for March coming in hot, it could be a volatile several days. Expectations are that March’s [...] Read more at ETFtrends.com.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
As the markets writ large stumbled in March, precious metals rebounded. The latest from Sprott’s Paul Wong, CFA, market strategist, digs deep on the month of March for metals. Both gold and silver have had strong years, with gold up 5.92% and silver up 6.37%. Gold mining equities, meanwhile, rallied to gain 21.68% year-to-date. All [...] Read more at ETFtrends.com.
In trading on Friday, shares of the Vanguard Mortgage-Backed Securities ETF (Symbol: VMBS) entered into oversold territory, changing hands as low as $48.85 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato