ILF News and Press, iShares Latin America 40 From 10/24/22

Summary Growth dynamics surprised most of the region positively, favored by the return of services and employment to pre-pandemic levels, as well as external conditions that remained favorable until recently. The region is generally more resilient than in previous times ...

Summary Asset prices have dropped all year, while dividend yields increase. Several ETFs offer strong, double-digit TTM dividend yields to investors. A quick overview of the best of these follows. Author's note: This article was released to CEF/ETF Income Laboratory me...

Summary It’s been a tough year for the stocks, in the US and around the world – with a glaring exception, shares in Latin America. Using a set of exchange-traded funds as proxies shows that iShares Latin America 40 is an upside outlier. Brazil is hardly immune to...

Summary Over the last two weeks Federal Reserve officials delivered 37 speeches, all of the speakers competing to see who could be the most hawkish. The big problem with the Fed’s plan to kill inflation by reducing economic growth and raising the unemployment rate is that t...

Summary On 16 August 2022, President Joe Biden signed into law the IRA. The COVID-19-related global supply chain disruptions, extreme weather events, rising inflation, and the Russia-Ukraine crisis have pushed the cost of capital to record highs. Meanwhile, in China, surging c...

Summary Latin American exposures aren't too bad. FX exposures are limited in risk. On the sectoral exposure side, things actually look pretty decent, although we note pretty heavy exposure to the price of commodities. Nonetheless, those commodity risks look pretty priced in wi...

Summary The contribution of emerging and frontier markets to global trade in clean-energy metals has steadily grown in recent years. In 2020, EMs were the source of 44.3% of exports of big-five transition metals. China is an important source and destination of the metals of th...

Despite a solid fundamental outlook, headwinds have been present. The commodity run-up has clearly benefited Latin American fiscal and external accounts. Given the political currents in the region, concerns surrounding the political outlook will likely remain at the forefront. ...

Emerging markets hard-currency bonds could remain volatile given the challenging global macroeconomic backdrop, but we see pockets of opportunities. BloombergNEF believes total metal demand from lithium-ion batteries will reach 13.5 million metric tons by 2030. Strong demand for c...

NU seems to have stabilized at a $20 billion market cap amid continued strong performance of the underlying business and improving stock market sentiment. Despite a history of losses, NU Brazil achieved positive net income for H1 2022, indicating the business has achieved meaningful s...