VDE News and Press, Vanguard Energy From 12/07/22

Summary Markets as a whole - whether equities, bonds, REITS, or alternative investments like crypto - have mostly suffered in 2022. The good news is some short-term relief has been welcomed. The other development from this year's selloff has been the opportunity for a number of "contrar...

Summary Surging stocks show markets believe hopes of a soft landing by the Fed to be true. We disagree and stay underweight developed market (DM) stocks. U.S. stocks jumped and bond yields plunged after October CPI rose less than the market expected. But sticky core inflation keep...

Summary In our polarized world, your politics can be hazardous to your performance. Many political claims seem to make sense but do not hold water. The economy, energy policy and inflation may be the poster children of this campaign. Market reaction going into (and coming ...

Summary Why the declines in tech on the S&P 500 may be hiding strength in other sectors from investors. The energy sector may still provide opportunities for investors. Insurers are not suffering the same challenges as other financials in the current high-rate environment....

Summary The market has had a tough go of things in 2022, with a few exceptions. As we move into a new calendar year, I see some changes on the horizon. Fixed income, in particular, could get a rebound. While I would be reluctant to get too hawkish right now since the Fed (and othe...

Summary The U.S. inflation report is likely to remain the most economic piece of data for markets, for the foreseeable future. Falling inflation eventually will allow central banks to perform the much-discussed pivot, both in terms of the speed of tightening and eventual terminal ...

Summary The physical market for energy continues to be tight, signally demand continues to outpace supply. Supply dynamics will likely outweigh any demand destruction and continue to push oil prices higher over the coming quarters. The mid-term elections could be the catalyst ...

Summary After rallying 9% off the October 12 bottom, the market pulled back last week but still sits 5.4% above the low point. Commodities are trouncing all other major asset classes on a YTD basis, largely due to the rise in oil, natural gas, and agricultural prices. The newe...

Summary The Invesco Dynamic Energy E&P ETF holds 30 companies involved in domestic exploration and production. The fund also holds petroleum refiners. Despite the fund's 67% return over the past year, its valuation metrics are still significantly below that of the broad S&...

Summary BlackRock’s top investment leaders came together at the Outlook Forum. The upshot: the new regime is not about to change, and we need a new playbook. Stocks slid and yields rose as the Federal Reserve delivered another mega rate rise and signaled it would need to ta...