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China ETFs

From Here To The Election: Total Returns For Treasury Bonds Will Trump Stocks

By | Asia ETFs, Bond ETFs, China ETFs, Consumer ETFs, Current Affairs and ETFs, Dividend ETFs, ETF Philosophy, ETF Strategy, International ETFs, Large Cap ETFs, Small Cap ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

Can you force credit on those who are not necessarily asking for it? Even at ultra-low rates? Consider homebuyers. Mortgage rates are dramatically lower than they were a year ago. Regardless, the median new home sales price has had to drop significantly to entice fresh borrowing. At some point, consumers and businesses may choose to avoid more debt altogether. It simply won’t matter how cheap the cost of capital becomes. (That’s what transpires during a recession.) In truth, we’ve already seen…

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Just A Manufacturing Recession? Stocks and Bonds Think There’s More To It

By | Asia ETFs, China ETFs, Commodity ETFs, Current Affairs and ETFs, Dividend ETFs, ETF Philosophy, ETF Strategy, Global ETFs, International ETFs, Large Cap ETFs, Popular Posts, Small Cap ETFs, Special Sectors ETFs, Technology ETFs | No Comments

Six weeks ago, I made the case that the “ex-U.S.” stock bear began in January of 2018. It was a relatively easy case to make. After all, the MSCI World Ex USA Index fell more than 20% from its all-time high and has yet to recover. Even though the S&P 500 and the Dow did not fall 20% from their January 2018 peak, there has been minimal stock progress across 20 months. The Wilshire 5000 provides clear evidence that the…

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Large U.S. Stocks May Be Underestimating the Worldwide Manufacturing Recession

By | Asia ETFs, Bond ETFs, China ETFs, Consumer ETFs, Currency ETFs, Current Affairs and ETFs, Dividend ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Global ETFs, Large Cap ETFs, Mid Cap ETFs, Popular Posts, Small Cap ETFs, Special Sectors ETFs, Transportation ETFs, US Markets and ETFs, Utilities ETFs | No Comments

Global manufacturing data have been exceedingly grim. One would be hard-pressed to find a country in Europe, Asia or North America that is exporting products with little difficulty. If the United States wishes to export products at a higher clip, we’d require partners with the means to afford our products. Yet the U.S. dollar’s strength alongside foreign tariffs are impeding the process. One might think that the dollar’s strength would be helpful in importing products from other countries. At the moment, however, a wide…

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The Stock Market Bear That Began 19 Months Ago

By | Asia ETFs, Bond ETFs, China ETFs, Consumer ETFs, Current Affairs and ETFs, Dividend ETFs, Emerging Market ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Financial ETFs, Global ETFs, International ETFs, Large Cap ETFs, Materials ETFs, Mid Cap ETFs, Real Estate ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs, Utilities ETFs | No Comments

Mainstream pundits have been telling stock investors throughout 2019 that it does not matter if long maturity Treasury bonds yield less than short maturity Treasury bonds. They have been explaining that you should ignore the fact that, for the most part, the 10-year yield has been offering less than the 3-month yield since mid-May. However, financial institutions often rely on borrowing money at lower short-term rates and lending at higher longer-term ones. When the spread between short and long flattens,…

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Stock Market Rally: You May Be Right, I May Be Crazy

By | Asia ETFs, Bond ETFs, China ETFs, Commodity ETFs, Consumer ETFs, Current Affairs and ETFs, Dividend ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Frontier Market ETFs, Global ETFs, International ETFs, Large Cap ETFs, Latin America ETFs, Mid Cap ETFs, Middle East ETFs, Small Cap ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

According to Jay Powell, Chairman of the Federal Reserve, the U.S. economy is performing well. It is difficult to take the assessment seriously. After all, as recently as mid-December, the Fed intended to raise interest rates three to four times in 2019. By January, central bank committee members wiped away the possibility of any rate hikes during the year. And now? The Fed is preparing the world for rate cuts as soon as July. “We will act as needed including promptly if that’s…

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From 50 To Zero: Why Investors Are Shunning International Stocks

By | Asia ETFs, Bond ETFs, China ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Frontier Market ETFs, Large Cap ETFs, Special Sectors ETFs, US Markets and ETFs | No Comments

Leading into 2008, emerging market stocks and international stocks dominated financial shows. “Talking heads” agreed that investors should allocate as much as 50% overseas for a well-diversified portfolio. The reasoning? One should be aligned with the world’s stock market pie. After all, half of the world’s market capitalization belonged to U.S. stocks and half belonged to stocks from elsewhere around the globe. However, the real reason had little to do with market capitalization. In truth, foreign stocks were dramatically outperforming…

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Let’s Not Kid Ourselves… The Market Will Remain Under Pressure

By | China ETFs, Consumer ETFs, Current Affairs and ETFs, ETF Philosophy, ETF Strategy, Special Sectors ETFs, US Markets and ETFs | No Comments

High profile market watchers have pointed out that there have only been four times in the last nine decades when back-to-back calendar year stock declines occurred. The years? 1929-1932, 1939-1941, 1973-1974, and 2000-2002. This could be encouraging news for stock enthusiasts were it not for the fact that 1929-1932 and 2000-2002 are included in the list. Valuation levels today have some of the same features that they did leading into the Great Depression and heading into the turn-of-the-century tech bubble….

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How Long Before Powell Throws In The Rest Of The Towel?

By | Bond ETFs, China ETFs, Consumer ETFs, Current Affairs and ETFs, ETF Philosophy, ETF Strategy, Large Cap ETFs, Popular Posts, Real Estate ETFs, Semiconductor ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

It was only a few days ago when the stock market celebrated a Trump-Xi tariff delay. And it was only a few days before that when Federal Reserve Chairman Powell flip-flopped on the extent of rate hiking yet to come. Both of the above-mentioned actualities sent stocks and risk assets soaring higher. And both were expected to serve as tailwinds for a phenomenal December rally. So how did the Dow lose nearly 1600 points in two days, then recover roughly…

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So Goes Apple, So Goes The U.S. Market

By | Asia ETFs, Bond ETFs, China ETFs, Commodity ETFs, Consumer ETFs, Current Affairs and ETFs, Emerging Market ETFs, Energy ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Global ETFs, International ETFs, Large Cap ETFs, Semiconductor ETFs, Small Cap ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

Apple (AAPL) has been one of my largest individual holdings for the bulk of the post-recession stock bull. I believed in it when it was trading for one-tenth of its current value back in 2009. I even believed in it when it plummeted 40% in the winter of 2012-2013. Back then, though, Apple’s troubles did not adversely affect the broader equity rally. On the contrary. The S&P 500 exhibited all of the signs of a powerful uptrend. More recently, Apple…

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Marching Orders: Key Indicator Issues Signal To Reduce Stock Risk

By | Asia ETFs, China ETFs, Commodity ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Financial ETFs, Health ETFs, Large Cap ETFs, Special Sectors ETFs, Technology ETFs, Transportation ETFs, US Markets and ETFs | No Comments

Financial stocks should benefit from phenomenal employment trends as well as rising rates. Yet the Financial Select Sector SPDR (XLF) is down roughly 12% from a 2018 high and down nearly 5% year-to-date. Cyclical stocks should excel in a strong economic environment. Nevertheless, the iShares Transportation Average ETF (IYT) is down approximately 11% from its 2018 peak and down 3.5% this year. Facebook, Amazon, Netflix and Google? Market-driving FANG stocks? Tech leadership is off anywhere from 16%-30% from record-breaking tops….

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