ZJPN News and Press, SPDR Solactive Japan ETF From 06/28/21

“Stocks always go up in the long run” is not a universal law. To this very day, the Nikkei 225 languishes some 25 percent below its all-time high reached at the end of 1989. In April, two things happened of note: the Nikkei 225 crossed the 30,000 level for the first time...

US stocks rallied to record highs and dollar weakness returned as investors shrug off the hawkish tilt given at last week’s FOMC policy decision. The trading week ended with a mixed inflation report that contained a downside surprise with the monthly reading. The upcoming w...

The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses. The lessons from the past have taught us that central bankers only notice a b...

The US continued to lead the global economic rebound in June, according to flash PMI data from IHS Markit, but also showed signs of growth peaking from May's record expansion. The slower growth in the US and UK was in part linked to short-term difficulties in sourcing sufficient input...

The au Jibun Bank Flash Japan Composite PMI, compiled by IHS Markit and published ahead of the final PMI results, indicated Japan's private sector shrank for a second straight month and at a faster pace in June. Manufacturing output notably slipped back into contraction after growing ...

The global economy has reached an important milestone in the second quarter of 2021, surpassing the pre-pandemic real GDP peak attained in the fourth quarter of 2019. After a 3.5% contraction in 2020, global real GDP is projected to increase 6.0% in 2021, its strongest advance since 1...

Consumer prices in Japan fell again in May, according to that country’s Ministry of Finance. These miniscule inflation figures aren’t just typical for Japan, they are just as consistent with those for consumer price conditions around much of the rest of the developed wor...

Next week is filled with Fed speak that could show more policymakers are turning hawkish given the Fed’s overall surprise with pricing pressures this year. Currency markets are bracing for potentially more dollar momentum as the Fed has signaled they are now not willing to tole...

On Wednesday, the FOMC released its June statement which only served to remind us that its members are powerless in the face of inflationary conditions. The Fed’s money-printing has continued apace, so much so that severe market distortions are reflecting it, even for those wit...

Japanese equities have long been overlooked by many global investors. The tide has begun to turn in 2021, but what will it take for Japanese value stocks to make a more sustained recovery? From a long-term perspective, macroeconomic trends should help release the pent-up energy of...