Inflation and the Fed’s Response Took Center Stage; Markets Now Fear Inflation and Recession We believe continued high inflation readings in the second quarter of 2022 put the Federal Reserve (Fed) in a precarious position; they can either let inflation damage the economy or get more aggressive with monetary policy and potentially put the economy [...] Read more at ETFtrends.com.
United Kingdom country-related exchange traded funds strengthened Thursday after Boris Johnson announced his resignation as British prime minister, ending the latest round of political uncertainty gripping the country. On Thursday, the iShares MSCI United Kingdom ETF (EWU) increased 1.1%, First Trust United Kingdom AlphaDEX Fund (FKU) jumped 1.7%, and iShares MSCI United Kingdom Small-Cap ETF [...] Read more at ETFtrends.com.
Former WisdomTree executive Michael Barrer has joined Matthews Asia as vice president and head of ETF capital markets. In this new role, Barrer serves as the primary relationship manager for all capital markets relationships and partners with the firm’s portfolio management, portfolio strategy, operations, and distribution teams to support the firm’s ETF initiatives. The hiring [...] Read more at ETFtrends.com.
Read the highlights of this week’s commentary from Helios: Personal income rose 0.5% in May, matching economist expectations, though Personal Spending only rose 0.2%, short of the 0.4% expectation, perhaps another signal, along with retail sales, that price increases are starting to take their toll. ISM’s Manufacturing Index for June remained in expansionary territory (above [...] Read more at ETFtrends.com.
Bloomberg recently released their Bloomberg Green’s Electric Car Ratings that ranked the top electric vehicles in the U.S. for 2022, with Tesla having every one of its models included in the top 10. The rankings are based on the Bloomberg Green rating, a methodology formulated as a collaboration between Atlas Public Policy, BloombergNEF, and the [...] Read more at ETFtrends.com.
The investing world seems highly uncertain these days. Investors are understandably having trouble balancing earnings, the Fed, fiscal policy, inflation, economic growth, disease control, and geo- and US politics. However, there appear to be two relatively certain events central to our current portfolio positioning: 1) the Fed will continue to tighten monetary policy and 2) [...] Read more at ETFtrends.com.
Despite headwinds and recent troubles, things are far from hopeless for gold investors, according to the World Gold Council. With relatively flat price action in the first half of 2022, gold was one of the better performing assets. But aggressive central bank moves around the world, equity market volatility, and geopolitical chaos are all hitting [...] Read more at ETFtrends.com.
Dividend, value, and low volatility strategies outperformed in the first half of the year, demonstrating a continuing emphasis on defense. The ALPS Sector Dividend Dogs ETF (SDOG) has been ALPS’ most popular ETF by net inflows for the last few months. SDOG, which has $1.2 billion in assets under management, has seen $80 million in [...] Read more at ETFtrends.com.
The first half of 2022 has been dreadful for investors with broad equity markets off by more than 20% as inflation has proven persistent and the prospects for a soft landing have deteriorated. The 10-Year Treasury yield has increased from 1.51% at year-end 2021 to 3.02% as of June 30. Even energy – the only [...] Read more at ETFtrends.com.
Despite suffering substantial losses and massive selloffs in the first half of 2022, emerging markets may be resilient during a recession in the U.S., according to large investors. The reason being is that emerging and developing markets will be cushioned by low valuations, high yields, rapid growth, and a recovered China. Oliver Harvey, who oversees [...] Read more at ETFtrends.com.
The ARK Genomic Revolution ETF (ARKG) has increased over 5.5% by mid-day Thursday as biotech continues to rally and broader markets increase. The fund is up 18.08% over the past five days and 13.7% over the past month, partially recouping losses from earlier in the year. The fund is down 40.96% year to date. As [...] Read more at ETFtrends.com.
By Justin McKennon This is Part One of a three-part series intended to help financial advisors and wealth managers understand how they can bring additional value to their clients through cryptocurrency exposure. The rate of technology acceleration is staggering. In just the last 10 years we have seen a substantial shift in the automotive market [...] Read more at ETFtrends.com.
The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) saw greater inflows in June than any other fund in FlexShares’ ETF lineup as investors look for income and portfolio diversification. Many investors allocate assets to infrastructure to protect against long-term inflation. When inflation rises, most infrastructure operators have historically passed through the cost increases to [...] Read more at ETFtrends.com.
Investors are feeling the squeeze this year in the challenging environment of soaring inflation and rising interest rates. This year’s mid-year check-in with clients will likely be fraught with questions and worry, particularly for those who have seen their wealth and retirement planning impacted by the underperformance of stocks and bonds, and being able to [...] Read more at ETFtrends.com.
At Exchange: An ETF Experience 2022, Stephanie M. Pierce, CEO of Dreyfus, Mellon & Exchange-Traded Funds at BNY Mellon Investment Management was celebrating the two-year anniversary of the issuer’s index ETF suite. BNY Mellon announced the launch of eight ETFs in April 2020, which were designed to cover the core exposures in a typical [...] Read more at ETFtrends.com.
The SPDR S&P 500 ESG ETF is seeing unusually high volume in afternoon trading Thursday, with over 113,000 shares traded versus three month average volume of about 27,000. Shares of EFIV were up about 1.3% on the day.
The S&P 500 EWI outperformed the S&P 500 by 2% during Q2, continuing equal weight’s trailing 12-month relative outperformance, with key performance contributors for equal weight in the second quarter being the underweight to communication services and the overweight to utilities, according to S&P Dow Jones Indices. Eight out of 11 equal-weight sectors outperformed their [...] Read more at ETFtrends.com.
In trading on Thursday, the Invesco WilderHill Clean Energy ETF is outperforming other ETFs, up about 6.2% on the day. Components of that ETF showing particular strength include shares of Gogoro, up about 12.9% and shares of Evgo, up about 12.5% on the day.
After noting that most active U.S. equities funds topped their benchmarks for the year-to-date through June 30, Morningstar’s chief ratings officer Jeffrey Ptak broke down the success rates of active U.S. stock funds during this period by category. According to his calculations, value fared better than growth, and small-cap did better than large-cap. “Value, blend [...] Read more at ETFtrends.com.
Thus far, 2022 has proven to be the antithesis of 2021. Whereas last year was characterized by easy money, peak economic growth, and peak corporate profits, 2022 has seen a tightening of financial conditions, lower economic growth, and slower corporate profits. Our view is that markets are experiencing a vicious negative feedback loop. Higher inflation [...] Read more at ETFtrends.com.