DXGE News and Press, WisdomTree Germany Hedged Equity Fund From 09/28/22

Summary The growing global commitment to the transformation of the economy to Net-Zero Emissions by 2050 is intensifying demand for critical minerals. A supply-demand gap is likely to open up, leaving businesses and governments scrambling to close it to achieve climate goals. ...

Summary UK rates haven’t had a chance to fully digest the Bank of England’s statement yesterday. We think hike expectations will persist, but there are other areas where the BoE and Treasury can restore confidence. Tough to stand in the way of higher US rates, ev...

Summary The Eurozone economic downturn deepened in September, with business activity contracting for a third consecutive month, according to preliminary survey data. Manufacturing led the downturn, with factory output falling for a fourth straight month. The gloomy outlook pri...

Summary Rates push higher and curves flatten as the hawkish message from the latest central bank meetings sinks in. The decisions have also highlighted policy transmission issues that have to be overcome as negative rates are left behind. Today's eurozone PMIs underscore the g...

Summary The US CPI reading kicked off the latest curve flattening leg, but the coordinated hawkishness of ECB officials is helping to extend it. The 2-10Y EUR OIS curve has inverted, and the German curve should eventually follow. The ECB has successfully shielded sovereign spr...

Summary Citing economic sanctions imposed by the West, Russia has closed the taps to its Nord Stream 1 pipeline, throwing Europe into its biggest energy crisis in decades. European countries may be forced to ration gas, which will impede market forces from destroying demand natura...

Summary Today, every major part of the world economy is seemingly prone to a serious economic crisis. The European economy is perhaps the most immediate cause for concern. All of these world economic problems have to raise serious questions about the wisdom of the Federal Rese...

Summary The indefinite shut down of natural gas flows via the Nord Stream 1 pipeline will trigger a severe recession in Germany and Europe. The recession in Europe will likely be severe.  In the event of a cold winter, the prospective recession could potentially be the most d...

Summary Today's market X-ray shows the returns for each index, asset class, sector, and so on, since the recent low point on June 16th. Of the global indices, US small caps are in the lead, followed by the NASDAQ. High beta stocks are the most preferred factors since June 16. ...

Summary Germany leading indicator, the Ifo index, just dropped for the third month in a row, coming in at 88.5 in August from 88.7 in July. The weakening of the index is slowing down, but no improvement is currently in sight. German Q2 GDP growth was slightly revised upwards t...