ASHS News and Press, Xtrackers Harvest CSI 500 China A-Shares Small Cap From 09/21/21

Beginning with what is perhaps the best indicator of growth potential in the real economy, as opposed to just the financial economy, the G3 credit impulse is now firmly in negative territory after peaking in the latter stages of 2020. Turning to manufacturing, building permits for new...

Policymakers in Beijing are in a tough position on what to do about Evergrande. The first and most obvious risk is that of credit-market contagion. Chinese debt has risen sharply for more than three decades, but until the mid-2000s, it attracted little attention. For further...

The latest numbers from the Atlanta Fed indicate that wage growth is continuing to pick up, with August wages up 3.9%, based on a three-month moving average. The latest small-business sentiment survey from the National Federation of Independent Business (NFIB) shows that the record av...

Surprising policy developments are rocking the craft, but in our view, the course remains set for the same long-term destination, and the uncertainty and volatility may present some attractive investment opportunities. The continued deterioration in U.S.-China relations in the past fe...

All signs point towards an imminent withdrawal of central bank stimulus, globally. Meanwhile, the U.S. economy is headed for one of the largest fiscal cliffs ever. Global growth is slowing even before massive stimulus withdrawal. For further details see: Prepare For Turb...

The US employment data and the ECB meeting are behind us, and the Federal Reserve, Bank of Japan, Bank of England, and Norway's Norges Bank lie ahead. The general sense one gets by surveying the recent string of data is that economic activity has downshifted. With most of the rece...

Broad China indexes differ according to how many state-owned companies and A-shares they include. With the political consequences of new U.S. delisting laws, we will likely see a trend of Chinese SOEs moving further toward A-shares, as shown by China Mobil’s recent listing appr...

Global manufacturing remained beset by unprecedented supply issues in July, which constrained output and drove prices higher. The analysis of survey responses suggests that the number of companies reporting lower production due to staff or materials shortages is running at around five...

Surging U.S. inflation has outpaced inflation in Europe, China and elsewhere, as the rate hit a 13-year high of 5.4% in June and July. Rising U.S. inflation may be the result of divergent employment benefits or a consumer spending boom fueled by the government’s fiscal response...

Shares in China continue to post sharp year-to-date losses vs. an otherwise upside bias for global stocks, based on a set of exchange-traded funds tracking the world’s major equity regions through yesterday’s close (Aug. 25). Some investors see opportunity in beaten-down...