CHIU News and Press, Global X Funds MSCI China Utilities From 11/08/22

Summary Today is Election Day. Since WWII, there has been a mid-term election cycle for the S&P 500 that commences in October and gains strength in November and December, so we should be just at the start of an impressive year-end rally. Above and beyond the special events awa...

Summary The trend for the dollar and the 10-year Treasury yield is still up but, as I said last week, both appear to be hitting a short-term peak. US stocks were down last week but non-US stocks had a great week. The selloff in the dollar Friday goosed non-dollar returns by nearly...

Summary The US October CPI is the most critical data point in the week ahead. The November CPI will be reported the day before the FOMC meets again on December 14. The other report, the US monthly federal deficit, gets little attention from the market. There are th...

Summary Considering the strategic fundamentals, the MSCI EM index is essentially a bet on the future prospects of Asia’s largest economies. Over the past 30 years, the S&P 500 has returned more than three times as much as the emerging markets index for a US-based invest...

Summary This week will be massive for markets as investors closely watch to see how inflation moderates. In addition to the inflation report and the midterm election, traders will also closely monitor the preliminary University of Michigan Survey. A quiet week as far as upper-...

Summary Last month’s 20th National Congress of the Chinese Communist Party was the country’s most significant political event this year. As we expected, President Xi’s report to the Congress mainly focused on China’s long-term agenda: It continues the p...

Summary It appears to us that there is less potential for support for the country’s embattled housing sector in the near term. While there had already been restrictions on the export of high-end chips to China, Biden’s recent announcement basically expanded the numbe...

Summary The global economy has been hit by several headwinds, almost all of them leading back to higher inflation. Europe is likely already in recession, the U.S. will enter recession in Q2 2023, while China struggles to make recovery headway. Markets have faced up to the reality ...

Summary Mainland China is playing a leading role in the electrification of the commercial vehicle industry. The baseline weakness is anticipated to deepen into early 2023 under the continuation of the "dynamic zero-COVID" approach despite vaccination progress. Bus makers are b...

Summary The Franklin Templeton Emerging Markets Equity team offers some highlights of China’s 20th Congress and investment considerations. Continuity in policy direction is likely to remain, with quality growth a priority - promotion of common prosperity, housing for all, g...