EWT News and Press, iShares Inc MSCI Taiwan From 01/07/23

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 Automation and robotics are mega-trends for multiple years and decades going forward. But now is not the right time to bet alongside this view. Weak global manufacturing activities and capex spend cuts in the semiconductor industry will dampen demand outlook. Technical analy...

Summary We expect COVID-19 to continue its transition to a global endemic and the status quo to prevail in Russia's war in Ukraine, with no material implications for the global economy. Mild recessions are forecast in the United States and Europe, but resilience in Asia Pacific will pre...

Summary Most global economists feel that any recovery in China could be more U-shaped than V-shaped. The 2022 Chinese economy can best be described as a spluttering car engine. China’s official purchasing managers’ index (PMI) showed factory activity shrank for the thi...

Summary The upsides to falling demand and spare capacity were fewer supply constraints and a further marked moderation of price pressures. While Japan's factory output downturn likewise moderated slightly, it remained among the sharpest witnessed over the past decade. Future output ...

Summary ASEAN manufacturers continued to experience a slowdown at the end of 2022, with December's PMI data indicating the softest output expansion in 15 months. One unsurprising development with the slowing of demand for manufactured goods had been the abating of price pressures, which...

Summary We expect 2023 to be a year of transition, with gradual fading of price pressures allowing policymakers and market participants to take a more balanced approach to assessing growth and inflation dynamics. The near-term outlook calls for more of the same: high inflation and rate ...

Summary Today’s high prices may well lead to tomorrow’s low prices, and tomorrow may arrive sooner than many feared. Asynchronous reopening is set to bedevil the global economy for at least another year. Broad housing market activity during much of 2022 suggests that w...

Summary The outlook for semiconductors is tepid in 2023, driven by a slowdown in economic activity. With its major exposure to the largest semiconductor industry in the world, the EWT ETF is bound to feel the pressure. Using my Trend Flow, Support/Resistance Location, and False Brea...

Summary There were ample causes for this global downdraft in equity markets. Global equity markets look likely to face a global recession in 2023, which appears to have already begun in the final quarter of 2022. Equity markets will face a tough global environment in 2023, particula...