Global Fixed Income: Let’s Go to the Videotape As we celebrate the unofficial start of summer, fixed income investors may be wondering if there is anything to celebrate yet or whether we should wait on the fireworks. Certainly, fixed income […]
Author: WisdomTree
U.S. Treasuries: What If…?
U.S. Treasuries: What If…? And so it begins…the conjecture surrounding Federal Reserve (Fed) policy. The money and bond markets are still discounting only one full rate hike in 2016, but recent price action and commentary have, at a minimum, brought […]
What Do Japanese Investors Think about Big Global Issues?
Japanese money has been flooding global markets: Japanese investors bought about $110 billion in global securities in the four months ending April 30, 2016.1 This was the biggest amount of net buying in any four-month period on record and comes […]
Shareholder Distribution Yields in Japan on the Rise
Japan has been one of the hardest-hit markets in 2016. The Bank of Japan’s (BOJ) experiment with a negative interest rate policy (NIRP) has led to questions about the efficacy of monetary policy globally and the yen has strengthened considerably, […]
Japan Policy: Fiscal Boost, BOJ Funds and December Elections
Japanese policy makers are poised to deliver added pro-growth stimulus in the coming months. In our view, it will be a coordinated move, with both fiscal and monetary policy being eased—a supplementary budget of around 1% to 1.5% of gross […]
Ground Observations From India: Oil Prices Re-Energizing Indian Economy
During my recent trip to India, I met with Hemen Modi, head of investor relations at Reliance Industries, the second largest company in India, in terms of both market cap and revenue generation. My meetings also included representatives from other […]
U.S. Fixed Income: Skate to Where the Puck Is Going
With the first quarter of 2016 in the books, investors have been receiving economic data concerning how the three-month period came to a close. This all culminates on April 28, when the Bureau of Economic Analysis (BEA) provides its advanced […]
Rethink Your International Allocations
The latest weakness in the U.S. dollar has a number of investors re-examining the case for currency hedging their foreign equity portfolios. Many unhedged investors express thoughts like these: “See, there is a benefit to adding currency risk in my […]
International Equities: Focus on Quality and Growth
As the first quarter of 2016 has drawn to a close, investors in developed international equities have faced challenges, to put it mildly. It is difficult to look back on this period and find any positive returns, be it looking […]
Ground Observations From India – Financials & Banks
In my recent India visit, I interacted with C-level management of the top four largest banks in India, which collectively have roughly $300 billion in assets. While Indian Financials are facing pressures similar to all global Financials, the risks and […]