VWO News and Press, Vanguard FTSE Emerging Markets From 02/16/23

Summary In this post, I will focus on trend lines in profitability at companies in 2022, with the intent of addressing multiple questions. While absolute profits are a useful measure of profitability, you have to scale profits to a common scaling variable, to compare companies of differ...

Summary India stocks are lower in 2023 as turmoil continues with the Adani Group. The India Fund features a 10% yield and has easily beaten major country index funds. I'm upgrading this CEF with its relative and technical strength, despite a flat return over the last few months. ...

Summary China’s economic reopening is proceeding swiftly, despite the spike in COVID-19 cases in early January. January witnessed a dramatic shift in the performance of growth stocks, with the MSCI Emerging Markets Growth Index posting double-digit returns. Consensus expectat...

Summary In 2021 and 2022, emerging-market (EM) stocks underperformed developed market equities. Despite EM’s subsequent outperformance of 12.5% since then (October 31, 2022, through January 31, 2023) our quant scores remain strongly positive for EM stocks. Meanwhile, in funda...

Summary SDEM is a high-yield emerging market ETF paying monthly distributions. It holds 50 of the highest-yielding EM stocks with heavy exposure to China, Taiwan, and Brazil. Its sector and country allocations carry significant risks, from politics to war to currency volatility. ...

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 We see central banks stumbling into a more nuanced phase of the inflation fight and nearing a pause on hikes. We like short-term bonds and credit for income. U.S. stocks rose but trimmed gains and Treasury yields jumped after U.S. jobs data showed a tight labor market, reviving ...

Goldman Sachs ( GS ) became more constructive on emerging markets equities as China's re-opening post-COVID point to improving European growth prospects and softening U.S. inflation, according to a note dated Thursday. Caesar Maasry, Goldman's head of Emerging Market Cross Asset Resarch, ...

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...