ARGT News and Press, Global X MSCI Argentina From 10/05/21

We view the U.S. Treasury yield spike as resolving a disconnect between the powerful restart and lower yields in recent months, and stay tactically pro-risk. U.S. 10-year yields jumped to the highest level in three months. Markets are prone to volatility, but ultimately we see yields ...

Leverage can be a double-edged sword, as it can be positive, but also represents a source of risk. Emerging market equities also hold attractive valuations. Cash flows are another reason why we like emerging markets. For further details see: 3 Reasons We Remain Bullish O...

Risks in many emerging markets (EMs) are driven by political instability or high external vulnerabilities, meaning there is little scope for systemic crises. Given this outlook, we believe there are opportunities in EM debt markets in Africa, the Middle East, and Ukraine. We expec...

Global real GDP reached a new high in the second quarter of 2021, completing a year-long recovery from the COVID-19 recession. The resilience of the global economy amid a lingering pandemic suggests that the world is learning to live with the COVID-19 virus. Western Europe's consu...

International equities generally performed well in Q2 after mixed results in Q1. The Global X FTSE Nordic Region ETF (GXF) was the top performer in Q2, with returns of 9.01%. The worst performer of Q2 2021 was the Global X MSCI Colombia ETF (GXG) which recorded a -2.15% decline. ...

The key feature of the U.S. monetary system—as distinct from Argentina's—is that the Fed cannot create money directly—only banks can do that. I think the Fed is making a big mistake by pegging short-term interest rates at a level that is far below the current rate...

Past upheaval in Argentina has led to catastrophic losses for investors. At present, there are a few harbingers of instability. Some stocks, including Ternium, present an attractive investment opportunity assuming all goes well in the country. For further details see: Ar...

Emerging markets are still expected to lead the global economic recovery, with forecasted 2021 GDP growth of 6.7% vs. 6.4% for the United States. EM equities rose in May and outpaced developed market stocks. We believe that EMs will continue to show resilience with many countries ...

While recovery in economic growth could remain muted this year in many markets, we expect more normalization in 2022. EM equities rebounded in April but trailed their DM counterparts. Emerging Asian equities rose in April. Among the top regional markets were Taiwan, South Korea an...

The US-based S&P 500 outperformed broad international equity markets in Q1, returning 6.17% versus 4.57% for the MSCI All Country World Index (ACWI). Emerging markets fared worse with only 2.29% growth, which seems to reflect the slower vaccination rollout within the developing wo...