EWT News and Press, iShares Inc MSCI Taiwan From 06/19/22

EWT invests in Taiwanese equities; large-caps and mid-caps. The fund's largest position is one of the global leaders in semiconductors. As a whole, EWT likely offers good value, and while I would remain bullish, one should likely avoid having a large position in Taiwanese equities...

This past week felt like a big moment for central banks, collectively, as well as financial markets more broadly. There are still those like the BoE that still believe that slow and steady will win the race, or the BoJ that doesn’t actually have an inflation problem, but rather...

Chinese banks are facing increasing pressure on fundamentals after weak earnings growth in the first quarter of this year, dragged down by plunging credit demand amid renewed COVID-19 waves, ongoing property sector struggles, and global macroeconomic uncertainties. While the central g...

According to the NBS last week, the Chinese CPI dropped 0.2% month-over-month. Compared to May 2021, the index has increased just 2.1%, the same year-over-year rate as April. Unlike what it looks from the perspective of US or European CPIs, there’s no mistaking the downturn acr...

From Russia’s invasion of Ukraine to China’s COVID-19 crackdown, investors in emerging-market equities have faced many new challenges this year. Even after the recent rebound in relative returns, EM value stocks trade at a near-record discount to growth stocks. From ...

The latest PMI data compiled for JPMorgan by S&P Global revealed an unwelcome mix of sluggish global economic growth and soaring business costs in May. Although global output growth picked up slightly in May, it remained at one of the weakest levels seen so far in the pandemic rec...

The US consumer price index (CPI) has risen by over 8% in the past year, similar to Europe’s 7.4% increase. In the US, higher retail gasoline prices have historically led to higher expectations of inflation, leading to higher actual inflation. Going forward, achieving a div...

The growth-policy tradeoff created by the global tightening cycle looks set to improve in the second half of the year, according to JPMorgan. "We have potentially passed peak Fed hawkishness and this is expected to be joined by a likely peak in inflation, on a yoy change basis," global strate...

Periods of low volume and relatively small moves are normally comforting and allow us to avoid making decisions. My biggest concern is that I may not see enough that is important and draw the wrong conclusions. I am increasingly concerned that several others, including some well-known...

Breaking from the past, the ECB is expected to signal its intent to hike rates at next month's meeting. The day after the FOMC meeting in May ended, the swaps market priced in a terminal Fed funds rate of 3.75%. The Reserve Bank of Australia meets on June 7. For further deta...