VWO News and Press, Vanguard FTSE Emerging Markets From 04/01/22

Commodities continued to top monthly returns for the major asset classes in March. WisdomTree Enhanced Commodity Strategy Fund, a broad measure of raw materials, rose 7.5% last month. The Global Market Index (GMI) rebounded in March. For further details see: Major Asset ...

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...

Pick any barometer of costs these days, and the story is the same: Prices are up - and in a dramatic fashion. The first thing that jumps out is the dismal performance of most asset classes during periods of low growth and high inflation - otherwise known as stagflation. A solid fo...

There’s a lot of talk about the Fed’s balance sheet, but I think what people forget is that the size of the balance sheets relative to gross domestic product is much higher in Japan and Europe. We seek to invest where the greatest opportunity resides, be it in EMs direct...

Historically reliable macro indicators signal growth for the U.S. economy. Sustained bear markets in equities unfolded in recessions only. Therefore, it's not surprising that negative newsflow recently could not take the stock market down sustainably. The S&P 500 rally wil...

The relatively high return correlations across markets in recent years are giving way as volatility surges in 2022. As a result, assumptions about relationships between markets, and the degree of diversification benefits, may be in need of updating. The downside bias in correlatio...

The mitigation of country risk using political risk insurance has long been undervalued by foreign direct investors but may prove critical if governments are to mobilize financing in support of their recoveries from the COVID-19 pandemic. While the market intuitively understands the b...

Eight months ago we made 6 bold, quite controversial (at the time) predictions for the next 12 months. 4 of these predictions have already materialized, and there is a good chance that this is how things will look four months down the road. Let's revisit these predictions, see whi...

Vanguard FTSE Emerging Markets ETF (VWO) - $0.1339.. Payable Mar 24; for shareholders of record Mar 22; ex-div Mar 21. For further details see: Vanguard FTSE Emerging Markets ETF declares quarterly distribution of $0.1339

Developed market central banks have started to raise interest rates, led by the Bank of England. Emerging market fundamentals are better in the current tightening cycle compared to history. In the five previous US rate hiking cycles, the MSCI Emerging Markets Index on average perf...