DFJ News and Press, WisdomTree Japan SmallCap Fund From 06/18/22

Aside from the Bank of Japan, major central banks are in a hurry to tighten financial conditions even as a cyclical slowdown weakens demand. The Bank of England hiked its base rate by 25 bp, but increased its inflation projection and warned of more forceful action if necessary. Th...

This past week felt like a big moment for central banks, collectively, as well as financial markets more broadly. There are still those like the BoE that still believe that slow and steady will win the race, or the BoJ that doesn’t actually have an inflation problem, but rather...

Before the supply-constrained economy that emerged after Covid, and the war in Ukraine, attempts of a sustained rise in global short-term interest rates had to contend with the fact that at least two major central banks, the ECB and the BOJ were stuck in the mud at the zero bound. Now...

The market recognizes a strong consensus has emerged at the FOMC for 50 bp hikes in June, but the unexpectedly strong CPI report before the weekend saw the market price in about a 50% chance of a 75 bp hike in July. In May, the FOMC statement acknowledged the contraction in Q1 GDP but...

The latest PMI data compiled for JPMorgan by S&P Global revealed an unwelcome mix of sluggish global economic growth and soaring business costs in May. Although global output growth picked up slightly in May, it remained at one of the weakest levels seen so far in the pandemic rec...

The majority of global 10-year benchmark notes hit 3-year yield highs early in May after central banks around the world began to tighten monetary policy. Across Europe, inflation has soared, as the region continues to deal with the impact of the war in Ukraine and supply chain issues ...

The pace of global economic growth remained among the weakest seen so far during the pandemic recovery period in May, according to the latest PMI data compiled for JPMorgan by S&P Global. Future expectations remain especially weak by historical standards in India and the eurozone ...

A strong nonfarm payroll report means that the Fed won’t be pausing their interest rate hiking campaign anytime soon. The May employment report was impressive, but it will likely be the last strong one we will see in a while. The upcoming week is filled with important centr...

U.S. investors can capitalize on the current and implied future interest rate differential between the US and MSCI EAFE countries by hedging their foreign currency exposure. The dollar may weaken by more than the interest rate differential over the lifetime of the hedging program. ...

This E&P, infrastructure, and utility company trades at almost a negative enterprise value, with its net cash position and stocks in Inpex worth more than the market cap. The business is positively exposed to gas but mainly to oil prices, and has an emerging CCS business as well t...