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 Two more central banks in EM Asia opted for off-cycle policy tightening to combat inflation. Was the market expectation of a larger rate hike in the U.S. partly to blame? Aggressive Frontloading of Hikes in EM Asia Sometimes it is good to be a latecomer – one can [...] Read more at ETFtrends.com.
By Brian Manby Senior Analyst, Research Recessionary fears may be top of mind these days, but for investors with a contrarian view or the confidence to remain invested amid the volatility, there are attractive opportunities in U.S. small caps. The prospect of a Fed-induced recession to combat historical inflation has priced in valuation discounts so steep they’re difficult to ignore. If history is [...] Read more at ETFtrends.com.
CLOs have historically offered a compelling combination of above-average yield, strong risk profiles, and the potential for strong upside appreciation. Over the long term, collateralized loan obligation (CLO) tranches have historically performed well relative to other corporate debt categories, including leveraged loans, high yield bonds, and investment grade bonds, and have significantly outperformed at lower rating tiers. [...] Read more at ETFtrends.com.
By Joe Foster Portfolio Manager and Strategist, Gold and Precious Metals & Imaru Casanova Deputy Portfolio Manager, Gold and Precious Metals Gold finds support in the $1,800 per ounce range as it enters a transitional stage. A disciplined approach by the gold mining sector may lead to future outperformance. Monthly gold market and economic insights [...] Read more at ETFtrends.com.
The world will need to more than double the number of passenger and freighter aircraft by 2041 to meet demand, according to Airbus’s latest outlook. The giant European aerospace company says that nearly 47,000 aircraft will be in service by 2041, up about 105% from the 22,880 aircraft that were in service at the beginning of 2020. [...] Read more at ETFtrends.com.
By Matthew Bartlett Head of NFT Community and Web3 & John Patrick Lee, CFA Product Manager By playing or participating in various games, gamers can Play to Earn, which allows the potential to earn cash, prizes, digital assets and more in the metaverse. Play to earn games (P2E) have the potential to become one of [...] Read more at ETFtrends.com.
The first half of 2022 has seen markets mired in continued supply chain issues driven by the pandemic, related lockdowns in China, and the geopolitical impacts of Russia’s war on Ukraine. U.S. markets have been particularly challenged by historic, persistent inflation and a rising rate environment alongside quantitative tightening by the Fed. To say that [...] Read more at ETFtrends.com.
After a punishing first half of the year for the stock markets, traders continued to ramp up bets against equities. Exchange traded fund investors can also hedge against further market risks with bearish or inverse strategies. According to JPMorgan Chase & Co.’s analysis of futures tracking major stock indexes, asset managers and hedge funds raised [...] Read more at ETFtrends.com.
Copper-related exchange traded funds rebounded Friday after the copper market suffered through its worst weekly pullback in a year. On Friday, the United States Copper Index Fund (CPER) rose 0.3% and the iPath Series B Bloomberg Copper Subindex Total Return ETN (JJC) was 0.7% higher. Over the past week, JJC declined 8.9% and CPER decreased [...] Read more at ETFtrends.com.
Markets remain tremulous, driven incessantly this year by each new economic report. The latest is the release of June’s retail sales, up 1% as consumers continued spending during historic inflationary times. Markets had previously fallen on the release of the 9.1% CPI reading for June, released Wednesday, but now have rallied to end the week [...] Read more at ETFtrends.com.
The first half of 2022 will go down as one of the more challenging market environments many investors have ever experienced. The S&P 500 fell 20%, its worst performance at the midway point of a year since 1970, 52 years ago. Broad U.S. bonds delivered their worst start to a year in history, down 11%. Investors would be [...] Read more at ETFtrends.com.
The June jobs report made headlines with an additional 372,000 jobs created during the month, which equates to more than 2.7 million new jobs added to payrolls in only the first half of this year. But did you know that payrolls are growing so fast that workers are beating the high rate of inflation overall? [...] Read more at ETFtrends.com.
By Cinthia Murphy It’s midyear outlook season, and by the looks of it, we remain in a proceed-with-caution environment. The search for insight this time of the year comes on the heels of a challenging first half for US and global markets. While asset managers and investment minds alike offer myriad views, outlooks share a [...] Read more at ETFtrends.com.
While China’s economy is reopening from its coronavirus-induced lockdowns, investors shouldn’t expect a swift rebound in country-specific exchange traded funds with market watchers warning of a drawn-out recovery. Over the past week, the iShares MSCI China ETF (MCHI) fell 7.4%, the KraneShares Bosera MSCI China A Share ETF (KBA) declined 4.1%, and the Xtrackers CSI [...] Read more at ETFtrends.com.
As inflation reached its highest point in four decades, consumers spent more in June across a range of pricier goods and services like gasoline, groceries, furniture, and even restaurants. In a sign that consumers’ spending habits remain resilient amid record inflation and a continued COVID-19 pandemic, the Commerce Department reported on Friday that U.S. retail [...] Read more at ETFtrends.com.
It’s been another challenging week for China in the news, with reports of home buyers boycotting mortgage payments in Mainland China and rumors of a data breach at Alibaba collectively sending stocks falling in both Mainland and Hong Kong markets. Buried underneath the sentiment was the release of a surprisingly strong retail spending report for [...] Read more at ETFtrends.com.
With interest rates rising, the common refrain in the capital markets is to keep duration short. Investors can also consider adding an active management component to help ease fears of more bond volatility. Bonds have been seemingly in lockstep with stocks for the first half of 2022 as inflation fears have rattled both asset classes. [...] Read more at ETFtrends.com.
For the first half of 2022, bonds have been seemingly in lockstep with stocks as inflation fears applied selling pressure on debt markets as the U.S. Federal Reserved hiked rates. Now, investors are returning to bonds, giving prospective investors an opportunity to reallocate capital into fixed income again. “Investors are pouring money into bond funds—a [...] Read more at ETFtrends.com.
The Consumer Price Index report of 9.1% for June came as a great surprise to many. It was higher than analyst expectations and a reflection of the uphill battle the Fed faces in bringing inflation down to tolerable levels. Despite the soaring inflation, the labor market demonstrated surprising growth according to David Berson, chief economist [...] Read more at ETFtrends.com.