By Natalia Gurushina. Chief Economist, Emerging Markets Fixed Income Exiting EM Tightening Cycles The market is gearing for another rate hike by the U.S. Federal Reserve (Fed) next week and more policy tightening in Europe. In the meantime, emerging markets (EM) central banks are moving in different directions. Many opt to stay on hold, despite successful disinflation, due to widespread [...]
Read more at ETFtrends.com.
By Tamara Lowin, Senior Municipal Credit Analyst Over the past four years, Illinois’ improved budgets and fiscal responsibility resulted in several upgrades for Illinois. Long known as the weakest state, initiatives under Governor Pritzker’s leadership have put the state on a stronger path. As one of five states whose political subdivisions issue the most municipal [...]
Read more at ETFtrends.com.
By Kevin Flanagan, Head of Fixed Income Strategy In what was a widely expected outcome, the Fed raised the Fed Funds Rate by another quarter point today. The “new” Fed Funds trading range now stands at 5%–5.25%, its highest level since 2007. Now comes the hard part…waiting for what comes next from Powell & Co. With an astonishing 500 basis points (bps) in rate [...]
Read more at ETFtrends.com.
The term “economic moat” describes a company’s ability to maintain its competitive advantages and defend long-term profitability. Morningstar analysts joined the recent VanEck webinar to discuss how financial firms with strong “moats” are faring through turmoil in the banking industry. Banks Are Put to the Test The turmoil in the banking industry, initiated by the collapse of Silicon Valley [...]
Read more at ETFtrends.com.
The yields on the 10-year note ended May 5, 2023 at 3.44%, the 2-year note ended at 3.92%, and the 30-year at 3.76%. Here is a table showing the yields’ highs and lows and the FFR since 2007. The charts below shows the daily performance of several Treasury bonds since the pre-recession days of equity [...]
Read more at ETFtrends.com.
In trading on Friday, shares of the JEPI ETF (Symbol: JEPI) crossed above their 200 day moving average of $54.70, changing hands as high as $54.80 per share. JEPI shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of JEPI sha
Is artificial intelligence (AI) a powerful force for institutional change? A destructive blunt instrument for bad actors pursuing zero-sum games? A little of both, says Dave Nadig, VettaFi’s Financial Futurist. In this follow-up video to Exchange’s Future of Finance panel, Nadig checks in with Tom Morgan, director of Sapient Capital; Adam Butler, Resolve Asset Management [...]
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.
Japan is hot right now. Currency-hedged Japan ETFs saw significant engagement spikes across VettaFi’s ETF Database last month. With the U.S. market still beset by a bifurcated economic narrative, in which the Fed keeps trying to cool off an economy that won’t stop adding jobs, Japan seems well-positioned as an alternative to an American market [...]
Read more at ETFtrends.com.
Technical analysis – what kind of tool can it be for investors? Some look at a series of bars and colored lines and see a form of analysis that is too arbitrary. Others build entire approaches to investing around the month-by-month, day-by-day, and perhaps even hour-by-hour ups and downs. Somewhere in between investors and advisors [...]
Read more at ETFtrends.com.
Investors can use NightShares ETFs to dampen volatility in a portfolio, effectively increasing their risk budget elsewhere. Tilting toward the night is an important strategy to consider as investors look for ways to strengthen returns. The night effect is a persistent phenomenon, whereby overnight markets have historically outperformed the daytime trading session on a risk-adjusted [...]
Read more at ETFtrends.com.
Todd Rosenbluth, VettaFi head of research: Not only is this a timely topic because this might be the last Fed rate hike for a while, but because advisors are directly telling VettaFi, or indirectly indicating with their actions on our platforms, that things are different. This week, we had a webcast and asked advisors, “What [...]
Read more at ETFtrends.com.
Last month VettaFi announced the Exchange Advisor Council, a group of seven financial advisors who would be helping make Exchange 2024 the most important financial advisor event of the year. The Exchange Advisor Council Today, we’re getting to know more about the members of the Exchange Advisor Council. In the coming weeks, each member will [...]
Read more at ETFtrends.com.
The Invesco Dividend Achievers ETF is seeing unusually high volume in afternoon trading Friday, with over 372,000 shares traded versus three month average volume of about 43,000. Shares of PFM were up about 1.4% on the day.
In trading on Friday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 5.8% on the day. Components of that ETF showing particular strength include shares of Bill Holdings, up about 17.2% and shares of Coinbase Global, up about 16.9% on the day.
Investors are adding to their mega-caps exposure following strong first quarter earnings reports and a rosier economic outlook. Apple Inc. (AAPL) was the latest big tech company to report earnings that beat Wall Street’s estimates, reporting an all-time record in services and a March-quarter record for the iPhone, sending shares of the company higher on [...]
Read more at ETFtrends.com.
The rise of China as an economic powerhouse has been accompanied by efforts to internationalize their currency, the Yuan (CNY), with the goal of expanding its global influence. This has been achieved through various means including the establishment of CNY clearing banks in other countries, the development of offshore CNY markets, and the signing of [...]
Read more at ETFtrends.com.
Noel Archard, global head of ETFs and portfolio solutions at AllianceBernstein, told NYSE’s Judy Shaw at Exchange 2023 that AB is “focused a lot on income, because that’s an evergreen topic that our clients are very interested” in, especially when they’re looking at fixed income products “and what’s going on in the marketplace.” AB recently [...]
Read more at ETFtrends.com.
There are a number of options when looking to energy ETFs for portfolio diversification as the U.S. trundles towards recession this year, but advisors shouldn’t sleep on the opportunities that the KraneShares Global Carbon Transformation ETF (KGHG) can provide. KGHG is outperforming the energy sector year-to-date and is positioned to capture the companies that are [...]
Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the DIREXION DAILY REGIONAL BANKS BULL 3X SHARES, which added 11,750,000 units, or a 20.8% increase week over week.
And on a percentage change basis