EPHE News and Press, iShares MSCI Philippines From 02/11/21

Emerging Asian equities outpaced broader EMs in January. East Asian markets were largely buoyant. In many EMs, a central new reality is the rise of domestic demand as a driver of growth. Often overlooked, we believe that the frontier markets (FMs) asset class continues to exhibit ...

The near-term outlook for EM inflation is mostly benign, but regulated prices, minimum wage increases, and higher commodity prices point to upside risks. The latest inflation releases across Emerging Markets ((EM)) [Philippines, Thailand, and Indonesia] were in line with the predomina...

Global business cycles are closely interconnected. Global business cycles are closely synchronized. Global equity markets respond accordingly. For further details see: Investing In Foreign Markets Sounds Exciting - But Isn't Always

Gainers: Regional Banks Bull 3X Direxion (DPST) +25.0%.Latin America Bull 3X Direxion (LBJ) +13.5%.Philippines Ishares MSCI ETF (EPHE) +10.2%.S&P 500 High Beta Bull 3X Direxion (HIBL) +9.0%.G-X Social Media ETF (SOCL) +8.4%.Losers: Homebuild & Suppli...

Among Southeast Asia's major economies - ASEAN-6 - Indonesia and the Philippines have currently almost 360,000 confirmed COVID-19 cases each. According to WHO's models, the real number could be 3.5 million or more. If the modeled estimates are some 10 times higher than the confirmed c...

After the COVID-19 earthquake and a historical contraction, China is rebounding, whereas advanced economies face a depression-like plunge. The consequent tsunami is about to hit Southeast Asia. As the total number of confirmed cases may exceed 3 million and deaths will surpass 200,000 in a m...

Few days ago, we've touched upon the unbelievable move down in yields on Greek ( GREK ) government debt. Although there's nothing similar among the western world to that crash of yields on those "ouzo bonds", falling yields isn't only a universal phenomena, but it's reaching unprecedented le...

The Philippines is well-positioned to cope with the economic impact of the virus outbreak, but is not immune to its human costs. Since the Philippines is exceptionally prone to both extreme climate and geological events, Senator "Bong" Go's bill for the creation of a Department of Disaster...

Introduction One of the first subscribers of Macro Trading Factory ("MTF") has approached me a day or two after we've published the initial allocations for the Funds Macro Portfolio ("FMP"), expressing his surprise that we have very little exposure to bonds on the portfolio. Valid questi...

We think 2020 will be characterised by muted global growth, a slower US economy and continued uncertainty about how monetary policy and politics will move markets. In this environment, investors should aim to keep their portfolios on track by having conviction and actively managing risk - not ...