EFAX News and Press, SPDR MSCI EAFE Fossil Fuel Reserves Free From 06/16/21

iShares MSCI EAFE, BlackRock’s Europe, Australia & Far-East equity ETF, has proven a benchmark for public equity markets ex-US/Canada. Investing in a blend of equity styles globally, the fund tracks the performance of the MSCI EAFE Index. The 20-year-old fund has provid...

We expect that the impact of the U.S. trifecta will continue to wane, supporting a sustained weak dollar regime and opportunities in overseas markets. There’s no doubt that the U.S. economy is in the midst of a strong recovery. As global vaccination efforts continue and eco...

Risk-adjusted performance for the Global Market Index (GMI) continued to tick higher in May. GMI’s Sharpe ratio — a measure of risk-adjusted return – rose to 0.82 on a trailing 10-year basis through last month. That’s close to a pandemic high, but still...

The Global Market Index’s (GMI) expected risk premium held steady at 5.9% annualized in May, matching the previous month’s estimate. The framework for estimating equilibrium returns was initially outlined in a 1974 paper by Professor Bill Sharpe. Keep in mind, too, t...

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) - $1.1084.30-Day SEC Yield of 1.82% as of May 27.Payable Jun 08; for shareholders of record Jun 02; ex-div Jun 01. For further details see: SPDR MSCI EAFE Fossil Fuel Reserves Free ETF declares semi-annual distribution of $1.1084

Although some short-term supply bottlenecks and financial speculation might drive commodity prices and inflation expectations further from here, a few big-picture facts are worth noting. The consensus expects consumer spending to keep accelerating because some households have higher s...

The Mother of All Recoveries (MOFAR) is not a U.S. story; it’s a developed-market story. Inflation is not likely to start galloping into the double digits or even high single digits. I expect it to be closer to 3%. If a company can’t grow its earnings in this environ...

Today's post rolls out the inaugural Risk Review column for the major asset classes, a monthly update that's the companion piece to the monthly performance report and risk-premia estimates. Risk analysis is a broad and deep subject and so this monthly update will be no one's idea of a...

After a decent start, emerging markets have lagged behind developed markets. Emerging markets don't necessarily correspond to neat value vs. growth or cyclical vs. defensive narratives. The best environment for emerging market economies is one of synchronized global growth. ...

We've written extensively about our growing optimism on international equities recently, and our enthusiasm hasn't faded. We're encouraged by economic data that continues to rebound, while the approval, acquisition and distribution of vaccines seem to be improving at the same time. ...