VEA News and Press, Vanguard FTSE Developed Markets From 03/01/23

Summary Although every corner of risk assets took a hit last month, most asset classes still post gains year to date. Amid market expectations that the Federal Reserve will continue to lift interest rates, SHV looks set for ongoing and incrementally higher gains in the months ahead. ...

Summary Vanguard's brand is synonymous with broadly diversified passive index funds with the lowest possible expense ratios. This article serves as an updated guide to which of Vanguard's 81 ETFs best meet those objectives of simplicity, total market diversification, and low cost. Y...

Summary The most conspicuous shift is in cash and cash equivalents, such as 3-month Treasury bills, which currently yield 4.84% as of Feb. 22. The average yield for the major asset classes fell to 3.91%, based on trailing data through Feb. 22, according to data from Morningstar.com. ...

Summary ICOW invests in high-quality ex-US companies with high free cash flow yields. Free cash flow yield based strategy should perform well if interest rates remain above inflation. Valuation for developed markets remains attractive. Finding stocks that will provide a go...

Summary International developed markets did a quick 180 off their October lows as the USD pulled back. Even with U.S. mega-caps outperforming in 2022, EFA is still performing relatively decently. I identify important prices on the chart as well as take an updated look at global valu...

Summary Developed economies remain the main source of the unusual outperformance of employment relative to output. An easing of global supply chain constraints has also helped encourage many businesses to raise their capacity expansion plans, notably in the US and Eurozone. Optimism...

Summary My December 2019 article, “Mean Reversion + Valuation = Opportunity,” cited cheap, out of favor assets including U.S. value and small caps, international, emerging markets, natural resources, MLPs and gold. All 13 asset classes outperformed the S&P 500 in 2022....

Summary The long-run performance outlook for the Global Market Index (GMI) ticked higher in January, reaching a 6% annualized forecast, based on the average estimate for three models. The underlying components of GMI continue to post relatively strong forecasts — defined as forec...

Summary Global markets roared back to life in January, led by US real estate shares. The only slice of the major asset classes that lost ground last month: commodities, based on a set of proxy ETFs. The Global Market Index (GMI) posted a solid rebound in January. This unmanaged benchmar...

Summary The energy sector has been red-hot for much of the past year, but there are still pockets in this corner that remain battered, at least in relative terms. There are no guarantees that the so-called value premium, no matter the definition, will generate superior performance anyti...