46.12 +0.05 (0.11%)
Pre-Market: 8:43AM EST
|Bid||46.11 x 3400|
|Ask||46.13 x 3300|
|Day's Range||46.08 - 46.38|
|52 Week Range||33.94 - 47.93|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.69%|
The “Fast Money” traders share their final trades for the day including iShares MSCI Emerging Markets ETF, ProShares UltraShort 20+ Year Treasury, PowerShares DB US Dollar Index and Freeport-McMoRan.
Emerging market ETF investors have long kept an eye out on the Federal Reserve’s monetary policies as a stronger U.S. dollar has exhibited a negative effect on EM assets, but this time may be different. ...
Emerging market stocks have outpaced their developed market peers by about 10 percentage points this year, as the iShares MSCI Emerging Markets exchange-traded fund (EEM) has rallied 32% this year to the SPDR S&P 500 ETF's (SPY) 20% rise. In a recent report, Lapthorne notes that the weak dollar is the source of emerging markets' outperformance and says the trend is becoming to look tired. Much of the recent weakness has come from a sell-off in companies with the poorest balance sheets, which had been big winners for much of the year. "This is hardly a disaster yet, but with balance sheet related problems and events becoming more common across the newswires, this is certainly one to watch, as stronger (or indeed no longer falling) US dollar and Emerging Market debt problems often go hand in hand," the Lapthorne writes.
Welcome to the world, bitcoin futures! As expected, futures surged as trading kicked off in the cryptocurrency. Meanwhile, stocks continue to rip higher.
Even as emerging market equities have posted a banner year in 2017, some are concerned about troubles developing in the near term.
BRICs was the buzzword for emerging market investors in the early part of this century, with strategists extolling the prospects for rapid economic growth in Brazil, Russia, India and China. Many of the Fragile Five, which included India and Indonesia, are in better shape now, while emerging market debt has had a strong run this year. "The five are ‘fab’ because they are high yielders and net commodity exporters, which means their local bonds are expected to benefit from higher commodity prices," De Silva writes.
It looks like we'll get tax cuts approved before year end. And that will give us two of the four pillars of Trumponomics underway in the first year of the new administration ...
International stocks can be intimidating for many investors. When picking a country to focus on that’s outside the U.S., it often is hard to grasp how the local economy works, or identify the very best international stocks in the region that are worth your money.
We are fast approaching the end of 2017 and the beginning of a new year. That means portfolio rebalancing and sector rotation among many of the biggest players on Wall Street. Hedge funds, institutional traders and private fund managers are all looking to gain an early edge heading into 2018.
Local currency emerging market bonds provide multiple ways to profit (or get wiped out). Investors should understand the drivers of total return.
The rally in emerging markets (VWO) has mainly been driven by higher earnings growth on the back of an improved business environment, rising exports, and strengthening corporate balance sheets.
More on that in a minute but first, let’s chronicle the beauty of EEM’s price action this year. 2017 sparked new life into emerging markets as they finally decided to join the bull market gripping U.S. equities.
There are a lot of reasons behind the sharp rally in EMs (SCHE). The prominent reason is that the GDP growth in many of these nations has improved in the last few quarters partially on the back of the ...
Investors have poured $65 billion into emerging market debt funds so far this year, marking the strongest run in history for the asset class. In fact, only three weeks of the year have seen outflows, according to Morgan Stanley strategist Simon Waever. The flood of money into the category is not sending up flares for Waever, who sees technical factors supporting further gains for emerging market debt investors. While Waever says investor should prefer local currency debt, which has sold off since September, over dollar-denominated debt next year, it is the latter that has seen the most interest from investors, likely because it is an easier move for U.S. investors who don't want to take on currency risk.