GEM News and Press, Goldman Sachs ActiveBeta Emerging Markets Equity From 08/05/19

Conundrum The past week delivered three milestones: 106 consecutive months of jobs growth, the longest streak in US history (by far). 121 consecutive months of economic expansion, the longest streak in US history (a fresh record). First rate cut after 11 years. If the third miles...

Overview Earlier this week, just after Powell's dovish speech, investors priced in an over 30% probability for a 50 bp cut to the Fed Funds at the next FOMC meeting (July 30-31). Shortly after, the minutes of the previous FOMC meeting got published, showing that discussions regarding how a...

Here's some of the standout charts on my radar. I aim to pick a good mix of charts covering key global macro trends, and ones which highlight risks and opportunities across asset classes. Hope you enjoy them as much as I do. 1. OECD Leading Indicators -- EM vs DM: With EM equities under pr...

Pretty much anything that could go wrong, did go wrong on Monday. We're barely two hours into the US cash session as I write this, so there's plenty of time for things to turn around, but a weekend's worth of recriminatory bombast from the Trump administration and a barrage of accusations em...

The Good 2019, thus far (Friday, May 3rd), is the best start to a year for stocks since 1987. Not only that the S&P 500 ( SPY ) index set another new all-time high this week, but we haven't experienced a drawdown greater than 2.48%. Furthermore, 103 consecutive months of job gr...

If developed markets crashed, could investors see a potential rally in emerging markets? While it’s an unlikely scenario, it’s not without precedent explains Hedgeye Macro analyst Darius Dale in the video below. You could go back to 2002 when China was first taki...

Emerging Markets: The Week Ahead (Apr 22-26) Investors in the week ahead will receive an update on the Czech Republic’s gauge of consumer and business confidence, following a bout of global growth-related weakness. Wednesday, April 24 Consumer Confidence – (Apr) ...

(Important Factors) Ahead of the Fed... It's "Fed Day" today (Wednesday, March 20) and as always is the case, investors will be glued to screens, waiting to hear the exact wording of the FOMC announcement, but mostly analyzing the additional written ("dot plot") and verbal (Powell's press ...

Across-the-board gains continue to mark this year's results for global equity markets, based on a set of exchange-traded funds that track the world's major regions and countries. At the top of the performance list so far in 2019: stocks in China, Latin America and Africa. The strongest incre...

Emerging market debt ((EMD)) has rallied sharply this year, bouncing back from a tough 2018. Is now a good time to add exposure? We would be buyers on any material sell-offs, as we see fundamentals remaining supportive in coming quarters. Our overall view on emerging markets (EMs) favors equit...