HDMV News and Press, First Trust Exchange-Traded Fund III Horizon Managed Volatility Developed International From 02/05/21

Global manufacturing PMI at 53.5 in January from 53.8 in December. Production growth remains strong but eases as exports come close to stalling, led by renewed fall in China. Supply chain delays close to highest since 2004. Prices rise at steepest rate in nearly a decade. ...

The global economy is likely to rebound strongly in 2021, with potentially the strongest global GDP growth in more than a decade. The vaccine rollout will allow us to reopen economies in the course of this year, which bodes very well for growth, particularly in the second half of the ...

The global economy has moved from a late-cycle to an early-cycle environment in less than a year. Positioning portfolios today means taking advantage of new cycle opportunities while defending against the risks that remain. It is indeed a time to position portfolio for a fresh, br...

Central banks, the Federal Reserve in particular, have really pivoted its policy approach to let inflation, if it were to start to pick up, to let it run a little bit hotter than maybe they have in prior cycles. Each energy cycle, I think, has played a part in influencing how investor...

So long as the fiat-based monetary system continues with accelerated money-printing, the US trade deficit will continue to widen. The continuing deferral of a dollar collapse seems increasingly difficult to achieve, given current and prospective accelerations of monetary inflation. ...

Stocks in emerging markets continued to lead the major asset classes in January as the top monthly performer. Emerging markets shares have been up for four straight months, pushing this slice of the world's equities to a wide one-year lead of nearly 28%. US stocks are posting the ...

In Australian equities, nearly all managers remain positive on the outlook for the global economy. With the reopening trade in mind, value managers in Canada are bullish on oil stocks. With technology sector valuations at record highs, U.S. small cap growth managers have been rota...

Another wave of the COVID-19 pandemic has disrupted economic activity in early 2021. We anticipate that new COVID-19 infections will decline in the months ahead as vaccines will become more widely available. A last-minute trade agreement at the close of 2020 averted the tail risks...

The Bank of America's Global Fund Manager Survey for November 2020 shows that more investors prefer allocating funds to emerging markets now. We believe China's early exit from the lockdown and stimulus measures should benefit EM more broadly, as will the recovery in the global demand...

In our latest World Economic Outlook forecast, we project global growth for 2021 at 5.5 percent, 0.3 percentage points higher than our October forecast, moderating to 4.2 percent in 2022. With advanced economies generally expected to recover faster, progress made towards convergence o...