FNI News and Press, First Trust Chindia From 10/07/22

Summary The Fed is primarily concerned with what is happening with inflation. This earnings season will likely be filled with hiring freezes/layoff announcements, cost-cutting saving measures, and mostly downbeat outlooks. The West is working towards fresh sanctions and potent...

Summary Global equity markets outside of the United States have completed a third negative quarter, with the MSCI ACWI ex US IMI Index down 11.26% in the three months through October 30. For the year to date, this index is down 27.19%, which clearly indicates a “bear market...

Summary Equity market volatility persisted in the third quarter as investors came to terms with a new reality of high inflation and rising interest rates. For most of this year, equity markets have violently traded on this unholy trinity of rising inflation, rate hikes and growth ...

Summary Average input costs rose at an increased rate for the first time in five months in September, hinting at stubbornly persistent inflation within the worldwide factory sector. Supply chain cost pressures and wage pressures eased, helping bring down factory cost inflation. ...

Summary Global business conditions worsened in the manufacturing sector in September. The JPMorgan Global Manufacturing Purchasing Managers' Index™ (PMI™) dropped below the neutral level of 50.0 for the first time since June 2020. Easing of supply chain delays we...

Summary While high inflation is seen almost everywhere, the Chinese central bank, PBoC is more anxious about meeting the economic growth target. Year to date, it has been keeping policies supportive by cutting some of its key interest rates, including the medium-term lending facil...

Summary Asian markets continue to struggle this year, thanks in large part to the weak China market. The only asset class showing positive performance is volatility. It has been a bumpy ride down this year, with six failed rally attempts. We are now 25.3% below the high water mark...

Summary Investors will have a handful of key economic releases to follow this week. The key economic release for the week is the September nonfarm payroll report. Unemployment is expected to remain steady at 3.7%. US It remains all about the Fed as it continu...

Summary Emerging markets have seen a sustained period of higher nominal yields over the past 18 months. This backdrop of moderating inflation raises the question of whether there is light at the end of the tunnel for monetary policy tightening. We do not expect cuts in the ver...

Summary Following a decade of turbocharged outperformance in the early 2000s, emerging-market stocks have been mired in a protracted losing streak versus their developed-market peers. Both developed and developing equity markets have been grappling with the extreme economic disloc...