DXGE News and Press, WisdomTree Germany Hedged Equity Fund From 11/24/21

Germany’s most prominent leading indicator, the Ifo index, dropped for the fifth month in a row in November, coming in at 96.5. The index now stands at its lowest level since February this year. Both the current assessment and the expectations component weakened. The fourth...

The global economy grows, it pauses, perhaps halts, and we all wonder if the other side of the “scare” will remain growth or turn to something worse - usually a downturn, if not full-blown recession. “Growth scare” for Japan, like Germany and also China, do...

Global economic growth gained momentum at the start of the fourth quarter as disruptions to businesses in many countries eased in line with a reduction in COVID-19 case numbers. The PMI was boosted by faster service sector growth, which picked up sharply to the highest for three month...

The Fed isn’t the only central bank on the “hawkish” warpath. Others have begun to raise rates, while over in Europe the ECB is ahead in terms of its plans to scale back QE (taper). If bond yields were to have gone way up like they were supposed to, they’d ...

Data is coming out in favour of those arguing inflation will remain persistent, and this means durably higher front-end volatility. It will take time for central banks to catch up to the market’s view. Depressed long-end rates will be more persistent, until markets accept t...

The headline IHS Markit Eurozone Composite PMI® fell for a third successive month in October, according to the 'flash' reading, dropping from 56.2 in September to 54.3. By sector, services outperformed manufacturing output for a second month running, the factory sector having now...

Describing evolving inflationary conditions as stagflation misses the point about today’s inflationary conditions. But in measuring stagnating production, politicians and economists alike are being misled by estimates of individual productivity by the OECD, which produces the b...

The global recovery continues but momentum has weakened, hobbled by the pandemic. Compared to our July forecast, the global growth projection for 2021 has been revised down marginally to 5.9 percent and is unchanged for 2022 at 4.9 percent. The dangerous divergence in economic pro...

The global inflation scare has comparable effects across developed market debt markets. Conviction about Fed hikes is surprising, but shows the degree of nervousness about a broader re-pricing higher rates. European rates are not immune, despite a range of different macro situatio...

We stay tactically overweight European equities with two key events on the horizon: a European Central Bank meeting and the German election. U.S. jobs growth in August was far below expectations. Yet, we caution that seasonality could be at play and a revision upwards is possible. ...