WisdomTree is a leading global Exchange-Traded Product (ETP) sponsor and one of the only publicly traded asset managers exclusively focused on the ETP industry. Currently, Interactive Advisors offers seven portfolios powered by WisdomTree, including the WisdomTree Aggressive and WisdomTree Moderately Aggressive with Alts portfolios.
U.S. Treasuries Watch: Thinking Globally
Leaving a TIP
So, how do fixed income investors search for rate-hedging solutions? One approach that one often encounters involves U.S. Treasury (UST) Inflation-Protected Securities, or TIPS. These securities are referenced to the Consumer Price Index (CPI), whereby the coupon is fixed, but the principal is adjusted to changes in CPI.
S&P 500 Dividend Expectations Are Rising
Fed Watch: June Gloom
It was no surprise the Fed left monetary policy right where it is at the June FOMC meeting. Like all of us, the policymakers are in uncharted waters and trying to figure out not only where the U.S. economy is headed in the second half of 2020 and 2021, but also how policy should respond.
Positively Not Negative
The Topsy-Turvy S&P 500 Earnings Picture
Don’t Count Your Dividend Chickens
Why International Investments Still Matter
U.S. multinational companies have revenue generated all over the world, so what if diversification is just a matter of “de-worseifying” and bringing suboptimal outcomes?
Cash Is King in Your High-Yield Strategy
Let’s explore the access to cash for issuers within HY. We will examine their available cash and the credit facilities they can draw upon.
The Fed Goes Bond Buying
Dazed and Confused? We’ve Got You Covered
Japanese Fiscal Stimulus to the Rescue
Japanese Prime Minister Shinzo Abe announced a commitment to a fiscal stimulus package worth ¥108 trillion, which is approximately 20% of Japan’s gross domestic product (GDP).
St. Louis Fed President James Bullard Discusses the Recent Fed Actions
Bullard is very pleased with the Federal Reserve’s new policies and Congress’ reaction to the crisis. Such policies took much longer to cobble together during the financial crisis of 2008 and 2009.
Money in Motion: It’s Not about Return on Principal, but Return OF Principal
Given what has transpired in the money and bond markets over the last two weeks, the aforementioned age-old adage should not come as much of a surprise. The declines in a whole host of fixed income markets, and signs of growing dislocations in the funding arena, have left investors in a state of fear, the likes of which we haven’t seen since the financial crisis.
Investor Conversations During Disruptive Markets
The market disruption over the past four to five weeks has been disconcerting, but it has also presented potential opportunities for valuable introspection. When discussing current conditions, there are several broad observations and several very specific ideas that can benefit your clients.
It Just Doesn’t Matter
The February jobs report was rock-solid, but alas, the collective market viewpoint is that it represents ‘old news’. This point is fair, and I don’t disagree, but wouldn’t you want to have the US economy on a solid footing heading into this COVID-19 situation rather than the alternative?
Fed Watch: Maximum Overdrive
Well, the Federal Reserve (Fed) delivered a 50 basis points (bps) cut in the Federal Funds Rate yesterday in an inter-meeting move, the first such action since the 2008 financial crisis.
What to Avoid in Emerging Markets
Last week we had the pleasure of speaking with Timothy Reynolds, Senior Portfolio Manager at Employees Retirement System (ERS) of Texas, on our “Behind the Markets” podcast.
If the Bond Market Gets Smacked, Japanese Equities Are the Play
If the Bear Lurks, High P/E Stocks Are the Dreaded “Phone Ringers”
A Simple Yet Effective Approach to Emerging Markets
A key rationale for emerging markets exposure is the potential for these countries to deliver greater growth than the developed world. In theory, emerging markets economies are in the growth stage of their lifecycle and should expand at a faster rate than those in the developed world.
No Attack of the Killer BBBs
An overarching theme when investing in U.S. corporate bonds the last few years has been the discussion surrounding the credit makeup of the investment grade (IG) universe. Specifically, the share of the BBB-rated sector within this universe has risen considerably since the end of the Great Recession in 2009.
Blockchain Meets ETFs
Last week’s “Behind the Markets” podcast featured Dan Doney, CEO of Securrency, a blockchain-based financial infrastructure company, and Will Peck, Director of Corporate Strategy for WisdomTree.
Well I Told You Once and I Told You Twice…
Friday marked the first “real” data day for the bond market, with the release of the final jobs report for CY 2019. Once again, there do not appear to be recession winds on the horizon. On the political front, we continue to see how escalating and/or scaled-down tensions in the Middle East can be bond market moving in nature.
Was This Cloud Grown Organically?
ETF Model Portfolios: Putting Our Money Where Our Mouth Is
The first step is to access the model portfolio’s allocations, whether that be from a website, fact sheet, presentation deck or other means. The next step is for an advisor to understand what is most important for them to make a decision on.
Beyond Abenomics: Japan Poised to Outperform in 2020
Japan is a standout amongst G7 countries—the only government capable and willing to enact rational, pragmatic and decisive countercyclical fiscal policies. Where American and European political leaders appear stuck and forced to compensate for their own inability to actually design and implement targeted, innovative and timely fiscal policy by constantly insisting that it is the central bankers who need to do more, Japan wastes no time.