VPL News and Press, Vanguard FTSE Pacific From 01/05/23

Summary We expect COVID-19 to continue its transition to a global endemic and the status quo to prevail in Russia's war in Ukraine, with no material implications for the global economy. Mild recessions are forecast in the United States and Europe, but resilience in Asia Pacific will pre...

Summary Global equities closed out their worst year since the 2008 financial crisis as central banks launched increasingly aggressive efforts to bring rampant inflation under control. Much of the US’s underperformance versus its peers is an outgrowth of its much larger exposure t...

Summary The upsides to falling demand and spare capacity were fewer supply constraints and a further marked moderation of price pressures. While Japan's factory output downturn likewise moderated slightly, it remained among the sharpest witnessed over the past decade. Future output ...

Summary My search for global yield takes me to Canada. Increased Canadian interest rates and strong oil and gas growth prospects paint a bullish outlook for the VDY ETF. However, according to my technical analysis read that takes into account flow, location, and trap elements, this ...

Summary There were ample causes for this global downdraft in equity markets. Global equity markets look likely to face a global recession in 2023, which appears to have already begun in the final quarter of 2022. Equity markets will face a tough global environment in 2023, particula...

Summary Consistent with the general theme of searching for global yield outside of the U.S., I now share my outlook for the Pacific stock markets. With the Japanese manufacturing PMI currently in contraction, I am keeping my eye open for a rebound above 50 to confirm bullishness on Vang...

Summary VPL's portfolio is highly diversified, invests significantly in sectors with high growth potential, has a low expense ratio, and is trading at a marginal discount. Though VPL's current yield is not excessively high, it seems to be sustainable and the fund generates a high enough...

Summary Return divergences were largely an outgrowth of the collapse in resource stocks. Amid the extreme risk-on/risk-off swings in sentiment spurred by the pandemic and Russia/Ukraine war, industry performances have been as polarized as they've ever been in a decade. The turbulent...

Summary The global manufacturing PMI survey's Output Index signalled a third successive monthly drop in worldwide factory production in October. Of the 31 economies for which S&P Global PMI data are available for October, some 21 reported falling production, which was also the...

Summary After a bumpy year, 2023 could prove to be even more challenging for global goods trade with consumer demand faltering, oversupply returning, and the energy and subsequent inflation crisis persisting. So far this year, global merchandise trade has held up extremely well gi...