EFAX News and Press, SPDR MSCI EAFE Fossil Fuel Reserves Free From 07/14/22

Equities would suffer if rate hikes trigger a growth downturn. Europe has the opportunity to create a more sustainable and more resilient version of itself – replacing high dependencies on Russian energy and shedding the image of an “old” economy by accelerating t...

An investment in Nigeria or Turkey clearly exposes a firm or investor to more risks than an otherwise similar investment in Germany or Canada, but why? While country risk has so many dimensions to it, there is correlation across the many dimensions, with corruption, poor legal protect...

Last quarter, the Asset Allocation Committee adopted an underweight view on global equities and leaned more heavily into cash, commodities and other alternative, diversifying assets. The Committee’s views on real and alternative assets are unchanged this quarter. The Asset ...

We see a new era of volatile inflation and growth sweeping aside a period of moderation. We downgrade equities and upgrade credit in this new regime. U.S. jobs data last Friday reinforced the supply shock causing persistent inflation. Yields resumed their rise as markets priced higher...

Recession fears and central-bank tightening are driving market volatility. Markets have faced a laundry list of concerns this year, including new COVID-19 lockdowns and an economic slowdown in China, the Russia-Ukraine war, surging inflation, and central-bank tightening. We think ...

Federal Reserve wants to hit the brakes, a 180-degree reversal from the recent two-year effort to turbo-stimulate the U.S. economy. USD's strength since early last year has defied a widening trade deficit, historic negative real interest rates, and growing anxiety that weaponizing the...

Growth is slowing, but it’s slowing to trend at this point. So not to zero, not to negative, but something like the trend that we’ve experienced over the last couple of decades. So, if you’re looking for a great way to play inflation, look to the small cap asset c...

Central banks have primed markets to expect too many rate hikes in the face of persistent inflation, in our view. This keeps us neutral on stocks in the short run. The U.S. added 390, 000 jobs in May - a number that was matched by new entrants to the labor force. This shows the labor ...

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) - $1.2700. 30-Day SEC Yield of 2.40% 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 $1.2700

We still prefer equities over fixed income on a strategic horizon, but we moderate our stance after this year’s big market moves. Stocks bounced back on hopes the Federal Reserve can soon pause rate hikes. But we don’t expect a sustained rebound until the Fed takes a cle...