EFIX News and Press, First Trust TCW Emerging Markets Debt ETF From 01/15/23

Summary Markets may be underestimating the stickiness of inflation and central banks’ determination to beat it - and what that means for growth and corporate earnings potential. We favor fixed income and credit over equities, and investment grade over high yield. Should infla...

Summary Relative to developed markets, emerging markets responded quicker to inflation, remain in better shape financially, and benefit from higher commodity prices. Notwithstanding China’s more recent policy direction, emerging markets, in general, have moved much more quickly t...

Summary As central banks battled inflation, interest rates soared and recession fears mounted. Now, central banks must slow their pace of tightening and carefully calibrate a soft landing. We address the challenges of a global slowdown, the benefits of higher yields and strategies f...

Summary The Fed’s interest rate and liquidity tools are blunt instruments, particularly in a service-oriented economy. If inflation indeed moderates from here, it is likely that interest rate volatility moderates alongside it. Monetary policy has created the asset-on/asset-of...

First Trust TCW Emerging Markets Debt ETF ( NYSEARCA: EFIX ) - $0.0800 . 30-Day SEC Yield of 6.71% as of Nov. 30. Payable Dec 30; for shareholders of record Dec 27; ex-div Dec 23. For further details see: First Trust TCW Emerging Markets Debt ETF declares monthly dis...

Summary ESG factors have been widely used as a set of criteria in a manager’s risk assessment toolkit. Making the wrong call with respect to ESG can sometimes mean excluding certain sectors based on these considerations alone. ESG factors are part of the global risk complex a...

Summary The transition to net-zero emissions has become one of the key drivers that will define the global economy over the decades to come. The Paris Agreement and national climate change plans anticipate a gradual transition to a low-carbon world – not an overnight switch to ze...

Summary Emerging market and high yield bond markets have improved in recent weeks, indicated by both aggregate and issuer-specific developments. There has been a general improvement in risk appetite during the last month, based on expectations of a less-severe upward trajectory for poli...

Summary The credit cycle and the economic cycle are excellent leading indicators of volatility. Both are likely to continue deteriorating in the months ahead. As such, expect high stock market volatility to be a mainstay for 2023. High Volatility Set To Continue Eq...

Summary Inflation continues to moderate, not only here, but also in Europe. Despite the negative economic reports and the reaction to the Fed rate hike, the US Dollar barely budged for the week. Value yet again outperformed Growth in the last week, this time by a spread of almost 1%...