|Bid||21.96 x 600|
|Ask||22.97 x 900|
|Day's Range||21.96 - 21.96|
|52 Week Range||18.53 - 30.43|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.75%|
Stock markets around the world have rebounded from the panic selling that rocked markets between January 26 and February 9. A sudden spike in volatility (over a 100% increase in the S&P 500 VIX) could have forced risk managers to rebalance their portfolios, leading to the sharp sell-off. Equity markets in the US recorded the best weekly gains since 2013.
Although the ‘Dogs of the Dow’ strategy has a history of outperforming the Dow Jones Industrial Average over the long term, it lagged in 2017, returning just 19% compared with 25% gains for the blue-chip index. Before 2017, the Dogs had generated outsized returns in six of the seven previous years, missing only in 2012.Source: ©iStock.com/jesse757
Every segment of the global financial markets began 2018 on a positive note. The global equity rally of 2017 extended into the first week of the year. Commodity indexes (DBC) moved higher with the help of strong crude oil prices, and the high-yield bond markets moved higher.
In the week ended December 22, 2017, volatility in the global markets turned marginally higher but closed the week with a limited change from the previous week.
US market performance remained upbeat last week with the average returns of the three major indexes above 20% year-to-date.
Equity markets consider rate hikes to be negative on stocks, but that doesn’t seem to be the case now, likely because the rate is only now being "normalized."
The path to President Trump's tax reform plan could be troubled by the prospect of a ballooning deficit because the plan offers generous tax cuts.
The Trump administration's central idea is to reduce the taxes paid by corporations and simplify the federal tax code—despite the projected effects on the deficit.
Stock market volatility around the globe continued to trend lower as uncertainty about German elections, North Korea, and US tax reforms subsided.
Volatility in the global markets continued to stick to its recent trend of rising on bad news and drifting back to normal levels in a few sessions for the week ended September 8, 2017.
Volatility in the global markets fell considerably in the previous week. The key risks subsided that spiked risk aversion in the last few weeks.