EWY News and Press, iShares Inc MSCI South Korea From 06/06/22

This closed-end fund trades at a 16% discount to NAV. Korea's stock market also trades at a significant discount to other global and emerging markets. Two key risks include South Korea's economic vulnerability and this fund's low liquidity. I will slowly build my position betw...

Consumer price inflation in South Korea has gained some more steam in May, topping expectations again to reach a 14-year high. Specifically, the consumer price index climbed 5.4% Y/Y in May, surpassing a Reuters poll of 5.1% and up from 4.8% in April, according to the Statistics Korea data.&#...

David Tepper’s 13F portfolio value decreased from $3.89B to $2.50B this quarter. Appaloosa increased Amazon.com, Microsoft, and Uber Technologies while dropping D.R. Horton, General Motors, PulteGroup, and T-Mobile US. Alphabet, Amazon.com, Meta Platforms, Macy's, and Micro...

As we entered 2022, many emerging markets were already hurting due to higher commodity prices and rising interest rates; then a war in eastern Europe sent shock waves through the markets. The conflict in Ukraine likely bodes poorly for Eastern Europe more broadly, expanding beyond Rus...

Semiconductors are without question the "new oil", but that does not mean they will produce positive returns for investors in the future. Historically, semiconductor stock performance is more closely tied to macro conditions (for example, S&P 500 earnings and commodity inflation) ...

South Korean equities are cheap on a relative basis, although part of this can be explained by the sectoral composition of the market. South Korean stocks are consistently traded at low multiples. Tech companies in South Korea may be less vulnerable to a bursting of global tech va...

EWY provides exposure to a basket of South Korean equities. In terms of valuation, South Korea is cheaper than most developed equity markets at the moment, despite a solid economy and above-average growth prospects. I personally think EWY will do well over the long term, although ...

David Tepper’s 13F portfolio value decreased from $4.20B to $3.89B this quarter. Appaloosa added General Motors and increased Macy's during the quarter. Alphabet, Meta Platforms, Macy's, Micron Technology, and Amazon.com are the five largest positions. For further det...

The JPMorgan Global Manufacturing PMI rose from a 15-month low of 53.2 in January to 53.6 in February. The relative weakness of February's global output growth by historical standards contrasted with a more robust expansion of order books recorded during the month. The reduction i...

The South Korean economy closed 2021 on a strong note. Supply chain disruption continued to hold back a stronger recovery in activity and demand in the manufacturing sector. Structural reforms to increase the potential growth rate will be a key policy priority over the medium term...