ASHS News and Press, Xtrackers Harvest CSI 500 China A-Shares Small Cap From 11/05/21

Federal Reserve to begin tapering asset purchases this month. Markets stunned by BoE decision to hold rates steady. China GDP growth forecast for 2022 lowered. For further details see: Caught Off Guard: Bank Of England Keeps Interest Rates Unchanged, Surprising Markets ...

China has not solved the unravelling crisis in its development/construction sector. The nation has moved through all the ‘natural’ stages an economy goes through when implementing the free market capitalism model. Mao Zedong united China, Deng Xiaoping introduced cap...

In the current commentary we hope to address this October’s unique market ghouls and further how we think resilient portfolios should be oriented around them. It is likely that in time pandemic distortions and extreme base effects will ease, though not immediately, pulling aggr...

China’s activity gauges signal that the near-term growth outlook remains problematic. Some reasons behind China’s slowdown are policy-related, such as the regulatory crackdown, especially in the real estate sector. Real GDP growth in low-single-digits will be perfect...

China’s real estate problems are three: the massive size of the sector, its excessive leverage, and the amount of developer debt in the hands of average households and retail investors. Considering construction and other real estate services, the sector accounts for more than 2...

Scarcity of inputs and goods has been felt all over the world because of disruptions to global value chains since the beginning of the pandemic. Higher inflation has been a global phenomenon, even if with different intensities and multiple determinants. A mismatch between demand and s...

The major US equity indices moved in concert, but the big disappointment so far this year has been small caps. Energy is clearly where the action is this year. After spending years at the bottom of the tables, Natural Gas, Gasoline, and Crude Oil now lead the pack. For furth...

The Fed will announce ‘mission accomplished’ on reaching “substantial further progress” on both inflation and employment mandates. Despite Christine Lagarde’s best efforts, the markets were not buying what she had to sell which could be extremely pro...

U.S. Q3 GDP misses expectations. Key takeaways from recent central bank meetings. Two main risks facing China. For further details see: Unpacking The Latest Developments From Global Central Banks

China’s growth q/q seasonally adjusted slowed considerably in Q3. Journalistic accounts have attributed the Q3 slowdown to the financial fallout from the Evergrande default as well as more general real estate troubles, slowed auto production due to chip shortages, and power out...