By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Strategy, VanEck Central Europe’s policy “double punch” – 75bps rate hike in Poland and 125bps in the Czech Republic – attracted a lot of attention. Aggressive rate hikes notwithstanding, the market continued to price in more tightening in the coming months There is a popular saying (in [...] Read more at ETFtrends.com.
By Alejandro Saltiel, CFA, Associate Director, Research Across the globe, the quality factor has outperformed the broad market this year.1 We expect that to continue through the expansion phase of the economic cycle. This strong performance has been driven by companies with high profitability that have been able to navigate through the Covid-19 slowdown and maintain their long-term earnings [...] Read more at ETFtrends.com.
ETFs are structured to be some of the most tax-efficient investment vehicles available to investors. The underlying mechanics, including how ETF shares are created and redeemed, typically generate minimal taxable events. This can contribute to overall lower taxes for investors. Accessing U.S. equities while avoiding capital gains tax may be difficult, especially when investing in [...] 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.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast. In the 1980s, economic graduate students were taught that the “wealth effect” was minor at best. It [...] Read more at ETFtrends.com.
Energy infrastructure companies are involved in the transportation, processing, and storage of oil and natural gas. A large portion of the midstream space is structured as master limited partnerships, or MLPs, but C-Corporations have become more prominent in recent years. The energy infrastructure sector usually follows a fee-based business model where companies earn a set [...] Read more at ETFtrends.com.
Travel and leisure sector-related exchange traded funds climbed on Friday on strong third quarter results out of Airbnb (NasdaqGS: ABNB) and Expedia Group (NasdaqGS: EXPE). On Friday, the ETFMG Travel Tech ETF (AWAY) advanced 5.1% and the Invesco Dynamic Leisure and Entertainment ETF (PEJ) increased 3.9%. Meanwhile, Airbnb shares jumped 12.1% and Expedia shares surged 15.1%. ABNB [...] Read more at ETFtrends.com.
Pfizer (NYSE: PFE) is seeking FDA approval for a COVID-19 pill that is highly effective against severe cases of the coronavirus, lifting pharmaceutical sector-related exchange traded funds but dragging on biotech-related ETFs with exposure to some of the company’s biggest competitors. On Friday, the iShares U.S. Pharmaceuticals ETF (NYSEArca: IHE) rose 0.3%, while the VanEck [...] Read more at ETFtrends.com.
In trading on Friday, shares of the First Trust TCW Opportunistic Fixed Income ETF (Symbol: FIXD) crossed above their 200 day moving average of $53.62, changing hands as high as $53.70 per share. First Trust TCW Opportunistic Fixed Income shares are currently trading up about
In trading on Friday, shares of the iShares Core Total USD Bond Market ETF (Symbol: IUSB) crossed above their 200 day moving average of $53.37, changing hands as high as $53.45 per share. iShares Core Total USD Bond Market shares are currently trading up about 0.5% on the day.
In trading on Friday, shares of the HTRB ETF (Symbol: HTRB) crossed above their 200 day moving average of $40.87, changing hands as high as $40.93 per share. HTRB shares are currently trading up about 0.3% on the day. The chart below shows the one year performance of HTRB sha
In trading on Friday, shares of the JAGG ETF (Symbol: JAGG) crossed above their 200 day moving average of $54.40, changing hands as high as $54.49 per share. JAGG shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of JAGG sha
In trading on Friday, shares of the UITB ETF (Symbol: UITB) crossed above their 200 day moving average of $53.62, changing hands as high as $53.67 per share. UITB shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of UITB sha
In trading on Friday, shares of the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) crossed above their 200 day moving average of $115.18, changing hands as high as $115.31 per share. iShares Core U.S. Aggregate Bond shares are currently trading up about 0.5% on the day. T
In trading on Friday, shares of the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) crossed above their 200 day moving average of $115.62, changing hands as high as $115.81 per share. iShares 7-10 Year Treasury Bond shares are currently trading up about 0.6% on the day. The
Travel and leisure stocks and ETFs are making major moves on Friday, following a better-than-expected October jobs report, and a fresh development in the coronavirus battle boosting enthusiasm for the economic recovery. Economists were optimistic about a widespread increase in hiring in October, which suggests that the economy is sloughing off the coronavirus-spurred slump of [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds strengthened on Friday after updated data revealed strong jobs growth over October. The Invesco S&P 500 Equal Weight ETF (RSP), which follows the S&P 500 Equal Weight Index (EWI), rose 0.5% on Friday. Meanwhile, the S&P 500 was up 0.1%, the Dow Jones Industrial Average was 0.3% higher, [...] Read more at ETFtrends.com.
The Department of Defense’s Space Force has announced the launch of a new program, “Orbital Prime,” which will fund orbital operations that feature commercial technologies. Its focus will be within a newer market of the space industry called OSAM, or on-orbit servicing, assembly and manufacturing, reports SpaceNews. The OSAM market focuses on technologies that function [...] Read more at ETFtrends.com.
Pfizer Inc. has announced that preliminary findings from an experimental pill used to treat those diagnosed with COVID-19 was extremely effective at preventing death and hospitalization, reports the Wall Street Journal. For those with a mild to moderate COVID-19 infection that took the pill, Paxlovid, within three days of diagnosis, there was an 89% reduction [...] Read more at ETFtrends.com.