In recent trading, shares of Clorox Co (Symbol: CLX) have crossed above the average analyst 12-month target price of $165.83, changing hands for $166.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
The U.S. Federal Reserve (Fed) has kept interest rates low in recent years, holding its benchmark rate at zero since March 2020 to prop up the economy amid the COVID-19 pandemic. With the economic outlook continuing to strengthen, the Fed has shifted its focus away from economic stimulus and towards managing inflation. At the January [...] Read more at ETFtrends.com.
Editor’s note: Any and all references to timeframes longer than one trading day are for purposes of market context only, and not recommendations of any holding timeframe. Daily rebalancing ETFs are not meant to be held unmonitored for long periods. If you don’t have the resources, time or inclination to constantly monitor and manage your positions, [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Strategy Van Eck Associates Corporation The market believes that aggressive rate hikes in parts of EM will be followed by rate cuts later in 2022, as growth falters and disinflation kicks in. “Hawkish” Surprises in EM and DM This might be a strange question to ask after seemingly hawkish holds in the U.S. [...] Read more at ETFtrends.com.
Veronica Zhang Deputy Portfolio Manager and Analyst, Van Eck Associates Corporation Shawn Reynolds Portfolio Manager, Van Eck Associates Corporation Policy – Can’t Live With Them, Can’t Live Without Them Recall our inaugural commentary last quarter, where we highlighted the numerous announcements from the U.S., Europe, and Asia on the back of the United Nations’ 26th Annual Conference of [...] Read more at ETFtrends.com.
Provided by EMQQ. Central Bank Digital Currency (CBDC) is a form of authorized digital money backed by a Central Bank for a country. CBDCs can be designed for use either among financial intermediaries only (ie wholesale CBDCs) or by the wider economy (ie retail CBDCs) in the form of a digital wallet. Benefits of CBDCs could include [...] 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.
Retail investors remain undaunted by the new year’s volatility, throwing more money into U.S. equities via exchange traded funds. According to VandaTrack, mall traders have been net buyers of U.S. equities and ETFs for every trading day of January, with the scale of daily inflows above the 2021 average on all but two trading days [...] Read more at ETFtrends.com.
Grayscale, the biggest global crypto asset manager, is evaluating 25 new crypto coins for potential products in the future and adding one crypto asset to its DeFi fund, according to an update on products on the Grayscale website. The firm is currently considering 25 different coins, including BitTorrent (BTT), Algorand (ALGO), IOTA (IOTA), Secret (SCRT), [...] Read more at ETFtrends.com.
A palladium exchange traded fund has been quietly outperforming this year as the specter of a Russian invasion into Ukraine puts supply of the precious metal at risk. The Aberdeen Standard Physical Palladium Shares ETF (NYSEArca: PALL) increased 26.1% so far this year, with palladium futures hitting their highest level in over four months. Russia, [...] Read more at ETFtrends.com.
Natural gas futures and related exchange traded funds climbed on Friday as cold weather fueled a spike in heating demand for the next two weeks. The United States Natural Gas Fund (NYSEArca: UNG) surged 7% and rose almost 13% earlier in the session on Friday. Meanwhile, Nymex natural gas futures advanced 10.0% to $4.71 per million [...] Read more at ETFtrends.com.
Bank of America economists said on Friday that they expect the Federal Reserve to hike rates by 25 basis points seven times this year, beginning in March, adopting one of the most aggressive views on Fed tightening among major banks, Reuters reports. The updated figure came after the Fed issued a statement on Wednesday, holding [...] Read more at ETFtrends.com.
Over 70 private equity firms have signed an agreement to collect and report data on emissions, workplace fatalities, and gender diversity on the boards of companies contained in their portfolios. This move could help push regulatory talks forward in Washington, reports Bloomberg. The initial group committing to data gathering was created by the California Public Employees’ [...] Read more at ETFtrends.com.
After being largely ignored during the pandemic as investors focused on growth stocks, dividends are back in a big way. Mega-cap tech firms have been sucking all of the oxygen out of the room for the past few years, but there’s a shift underway. With markets in a place of volatility, inflation running rampant, and [...] Read more at ETFtrends.com.
Markets ended last year volatile and have had a difficult start to this year thus far; the S&P 500 is down 8% after recording a high on January 4, highlighting the extremity being seen in both market volatility and investor sentiment, writes Mark Hackett, chief of investment research for Nationwide’s Investment Management Group. The current [...] Read more at ETFtrends.com.
Since their introduction in 1993, exchange traded funds have exploded in popularity. In 2020, there were 2,204 ETFs in the U.S. alone. By holding a diversified basket of securities, ETFs reach into corners of the market that were previously inaccessible to the average investor. But as with any investment, due diligence, patience, and discipline are [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds rebounded on Friday as strong quarterly earnings from Apple and Visa helped fuel the positive sentiment to help close out a volatile week. On Friday, the Invesco S&P 500 Equal Weight ETF (RSP), which follows the S&P 500 Equal Weight Index (EWI), rose 0.4%. Meanwhile, the S&P 500 [...] Read more at ETFtrends.com.
ESG funds saw a rapid growth of inflows in 2021 as increasingly more advisors and investors focused on investing sustainably and ethically. Yasmin Dahya Bilger, head of ETFs for Engine No. 1, and Michael O’Leary, managing director at Engine No. 1, joined Dave Nadig, CIO and director of research for ETF Trends, to discuss the [...] Read more at ETFtrends.com.
The ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN (MLPR) offers enhanced exposure to MLPs, an area well-positioned for rising interest rates. MLPR is the only leveraged fund that tracks the Alerian MLP index. The fund was first available to investors in June 2020 and has gathered $35 million in assets under management, as [...] Read more at ETFtrends.com.