BFIT News and Press, Global X Health & Wellness Thematic ETF From 04/07/22

Russia's invasion of Ukraine has hit business confidence across much of the world, representing a bigger jolt to worldwide business optimism. Falls in confidence were widespread. In fact, while business confidence dropped sharply in March, trends in output were generally more resi...

The Ukraine invasion and resulting sanctions have led to a steep downturn in the Russian economy. Rising backlogs were most commonly reported in the US and across the Eurozone. Growth is proving encouragingly resilient, but the March survey data indicate that risks have tilted to ...

Production and demand growth was subdued by a combination of headwinds, including the Ukraine war and new COVID-19 related disruptions - notably in China. In Europe, the Ukraine war took a toll on production growth, most prominently leading to renewed falls in output in Poland and the...

Stock markets fell in the first quarter as Russia’s invasion of Ukraine destabilized the growth outlook, amplified concerns about rising interest rates and unleashed geopolitical risks. While the conflict has created many uncertainties, we believe the impact of persistent infla...

The magnitude of the war’s impact on growth and inflation will be determined by how much and for how long energy prices rise. The war, economic sanctions and the associated rise in energy costs are likely to exacerbate global shipping impediments, too, which had begun to recove...

Western economies received a rude awakening to the risks of supply chain disruptions and component dependency/deficiency during the Covid pandemic. Sovereigns, businesses, and households today are all highly leveraged. Inflation is likely to be higher than the Fed’s target ...

Even before the war began, supply chain frictions had only improved marginally from the Covid-19 pandemic. Now, expect even longer-lasting disruptions, a new round of delays, and protracted supply shortages. No economic sector can escape the surge in energy prices. For furth...

Are we closer to the end or the beginning of a market correction? What does this uncertainty mean for global equity markets? Deteriorating growth outlook, inflation and geopolitical woes: Where do we go from here? For further details see: Market Correction: Are We Closer...

Russia’s attack on Ukraine will have lasting and negative effects on the world economy. Within Russia, businesses selling to the domestic market will see foreign sources of products and services as unreliable, leading to local sourcing at higher costs and a lower variety of ava...

With global markets close to post-Ukraine war highs, we remain neutral on global equities. In the UK, the Bank of England is the outlier for now, raising interest rates by a further 0.25% but alluding to the possibility of an easier trajectory of rate increases as growth slows due to ...