GLCN News and Press, VanEck Vectors China Growth Leaders From 01/26/23

Summary Gold prices have surged over the past two months with expectations that the US Federal Reserve will slow its interest rate rises. We have increased our 2023 price outlook slightly based on the faster-than-expected pivot in US interest rate policy and the return of Chinese demand...

Summary Once the ebbing omicron wave allows Chinese citizens to feel comfortable again about social engagement, we should see a decent bounce in consumption, even property transactions, and business investment will be momentarily buoyed. Inflation remains the greatest threat to the glob...

Summary The policy update doesn’t contradict the broader goals for Common Prosperity; the priorities have been reset and focuses rebalanced to tilt toward managing risk while reviving growth. I do not foresee major changes in monetary policy, which has been moderately accommodati...

Summary Why the stars have aligned for China's economic recovery. Why China's zero-COVID policy became a price too high for the economy. What China's reopening means for the global economy. China suffered one of its worst years for economic growth in decades la...

Summary It will be a busy week filled with the first look at Q4 GDP, corporate earnings, and US debt ceiling gridlock. The EU flash PMIs early in the week will be of keen interest as investors continue to assess how much trouble the economy is in. While the UK PMIs would typically b...

Summary China is expected to follow a similar pattern of post-COVID consumption, with consumers enthusiastically pursuing “revenge spending” in the Year of the Rabbit. An estimated RMB 6.6 trillion in excess savings has been built up during three years of zero-COVID policy...

Summary Strains are building, and the U.S. will likely enter recession in the second half of 2023. By then, Europe will likely be emerging from recession, while China and Emerging Asia may be enjoying a COVID-reopening-inspired recovery. Segments of the inflation basket will soften rapi...

Summary China’s rebound is beating expectations right now. A prospect of China’s faster recovery did not go unnoticed by sell-side analysts. The pace of China’s rebound is an important driver for global commodity prices and commodity exporters. China's...

Summary Active fixed-income ETFs allow portfolio managers to stay nimble and avoid sectors and parts of the credit spectrum that might encounter increased stress. There are now a growing number of dividend ETFs that are focused on yield and offer responsiveness to evolving sector dynami...

Summary In 2022, historically high inflation led global central banks to make a series of bold tightening moves. In the U.S., it’s our view that inflation may gradually move toward the Federal Reserve’s (Fed) 2% goal over the year. With a hamstrung Fed, the global outl...