EWY News and Press, iShares Inc MSCI South Korea From 07/06/21

As the world convalesced from the pandemic, stocks advanced in the second quarter and earnings rebounded across sectors. With business gains broadening amid complex market risks, we think investors should lean on quality to find stocks that will perform well in a normalizing world eco...

As the first half of 2021 comes to an end, the global economy is recovering strongly from its sharp decline last year caused by the COVID-19 pandemic. Regional economic growth differences during the first half reflect differences in the spread of the pandemic and policy responses to i...

The global economy has reached an important milestone in the second quarter of 2021, surpassing the pre-pandemic real GDP peak attained in the fourth quarter of 2019. After a 3.5% contraction in 2020, global real GDP is projected to increase 6.0% in 2021, its strongest advance since 1...

Growth in emerging Asia is likely to remain uneven amid a slow vaccine rollout, pushing out our expectations for a full recovery into 2022. The main bottleneck, in our view, is the limited supply of vaccine doses. We expect uneven economic performance across EM Asia in 2021 and ha...

David Tepper’s 13F portfolio value increased from $6.69B to $6.96B this quarter. Appaloosa added Chesapeake Energy, ViacomCBS, and Paysafe while reducing PG&E, Alibaba Group Holding, Twitter, Visa, Salesforce.com, Mastercard, Walt Disney, and PayPal. Micron Technology, ...

In this note, we look at the several headwinds that appear to have contributed to the recent underperformance along with the positive factors underlying these markets. The most obvious headwind to Asian markets this year has been the correction in technology. Another potential hea...

For the fifth consecutive month, mutual fund investors were net purchasers of fund assets, injecting $52.8 billion into the conventional funds business for April. Fixed income funds (+$55.3 billion for April) witnessed net inflows for the twelfth month in a row, while money market fun...

EWY provides exposure to over 100 large and mid-cap South Korean stocks. The IMF recently revised growth expectations for the Asia Pacific region and was particularly optimistic about South Korea. South Korean exports have been very resilient and notable constituents of EWY could ...

While recovery in economic growth could remain muted this year in many markets, we expect more normalization in 2022. EM equities rebounded in April but trailed their DM counterparts. Emerging Asian equities rose in April. Among the top regional markets were Taiwan, South Korea an...

The rotation from growth to value is accelerating. The combination of higher inflation, lower US dollar, and higher yields could be lethal for momentum stocks. The Fed is way behind the curve, but we believe that Jay Powell will be forced to acknowledge reality soon. Meanwhile...