CEW News and Press, WisdomTree Emerging Currency Strategy Fund From 12/05/21

There still is a bias in the currency market of talking about the Japanese yen or Swiss franc as safe-havens. The Federal Reserve meets in mid-March 2022, and if the Fed would finish its tapering that month, it could ostensibly raise rates at its next meeting, which is on May 4. E...

Despite a moderate pick-up in growth during Q4, the leading indicators of the economic growth cycle suggest we are nearing a period of stagflation and potentially disinflation as growth resumes in deceleration. Beginning with the long leading indicators, they have for some time been t...

In high yield, investors tend to think about it as a risky way to play fixed income. A traditional 60/40 portfolio generates somewhere about 8.7% annualized returns over the last few decades. We think investors should really look at high-yield investing as a way to de-risk their e...

Performance of emerging markets local currency bonds has been negatively impacted by the U.S. dollar’s strength since mid-year, despite the higher real yields and upside growth surprises in many emerging markets. Currency returns can be volatile, and external factors can have a...

The plunging Turkish lira prompts an unscheduled meeting between Turkey's president, Recep Tayyip Erdogan, and the country's central bank chief, Bloomberg reports, citing an official with knowledge of the meeting. The official didn't provide details on what was discussed, and the presidency d...

We are moving from the recovery phase of the current cycle to its middle phase. But what kind of cycle is it likely to be? After 40 years of declining inflation and interest rates, the direction of travel appears to be changing, due to new central bank policy priorities, China’...

We see price pressures to persist in 2022, mostly driven by the unusual restart dynamics. Eventually, we see a higher inflation regime than pre-Covid. U.S. consumer price index (CPI) jumped more than expected in October, bringing annual inflation rate to 6.2%, the highest level in thr...

We’ve seen a lot of quantitative easing by the Fed. Rates are already at zero, and there’s been a lot of fiscal stimulus that’s been pumped into the system. And we think in this environment, given where valuations are overall, you’re better off leaning more...

Oil prices are expected to remain elevated in coming quarters, with higher prices having differentiated effects across emerging markets credit. Oil prices have moved higher over the past three months as demand has continued to recover toward pre-pandemic levels. If prices remain a...

For the quarter, equities posted negative returns, with the US being the exception where performance was slightly positive, while the fixed-income markets were mixed. A closer look at the broad equity markets reveals that year-to-date, it has delivered generally rising returns with so...