WisdomTree Emerging Markets High Dividend Fund
Why Russia’s economic weakness is hurting producers
Currency depreciation and Russia’s commodities Several Russian firms reported that the weak ruble increased the prices of imports, also increasing costs. Most global commodities are priced in U.S. dollars. Since recently, the dollar has strengthened. Given hopes of tapering at the next FOMC (Federal Open Mark Committee) meeting, local emerging market currencies have depreciated versus […]
Christine Lagarde of the IMF sees a 3-speed economy (Part 1)
Christine Lagarde, the managing director for the International Monetary Fund, sees a three-speed global economy In her speech at Brookings Institution in early June, Lagarde mentioned that the global economy has shifted this year towards a three-speed economy, versus the two-speed economy coined by PriceWaterhouseCoopers half a year ago. You can broadly categorize the three […]
What Has Muted the Demand for Commodities?
The demand for commodities has been dampened by a variety of factors, particularly in the last two years.
Why Russia’s profitability margins are under pressure
Russia’s inflation On the prices side of the PMI survey, Russian inflation continued increasing both in the inputs (cost) side as well as in the outputs (prices charged) side. However, the increase in costs was once again faster than the prices charged rate of increase, which leads to margin squeezes. On seasonally adjusted terms, costs […]
Why slower production and more margin squeezes drain China’s hope
Production slowdown Looking at the individual drivers reveals further insight into why minor improvements did not and may not continue to translate into increased production. As we mentioned in Part 1, there was a loss of momentum (new orders minus inventory) in September with respect to August. The production sub-index fell 0.7 points to 50.2, […]
Why Indonesia’s (IDX) account deficit may offset tapering effects
Foreign exchange rate stabilization In the minutes of its latest meeting, Bank Indonesia outlined several reasons why the account deficit is likely to narrow in the coming months. The 1.25% rates hike will certainly help support the rupiah and offset the potential effects of a beginning of tapering. Recently, the government changed the holding period […]
Why Mexico is one of the safest emerging market plays
Mexico (EWW) is currently one of the safest plays in emerging markets, naturally hedged given its close relationship with the United States.
Must-know: Mexican indicators confirm a positive turnaround
Turnaround signals Earlier this month, several macro indicators started giving faint signals of turnaround for Mexico (EWW). While quarterly GDP was down, PMI started pointing towards a reversal in the negative course. Given that PMI is forward-looking, positive macroeconomic data this month have been key in confirming the positive trend. Industrial production increasing Industrial production was […]
Additional indicators confirm a positive outlook for Mexico (EWW)
Is the Mexican market becoming bullish? Below are additional macroeconomic indicators released in September that point towards a recovery in the Mexican economy (EWW). The Mexican market may be changing its course towards a bullish trend. Unemployment drops The rate of unemployment also continued its downward trend during August, dropping to 5.2% in August versus 5.4% […]
Key factors that continue to affect emerging markets
Emerging market struggle Aside from the rates hike as well as the effect in inflows and current accounts of emerging markets, there were other factors rooting against emerging markets. China’s slowdown and change of policy Then came the Q2 figure for China’s GDP, which had investors on edge about a hard landing. While the world […]
Can Russia, India, and China unite to shift geopolitical gravity?
The deal will help the Russian gas giant Gazprom (OGZPY) diversify its revenue sources.
What’s the Energy Sector’s Dividend Yield?
Of all the energy segments, the oil and gas transportation services segment noted the highest dividend yield.
Analyzing ETR’s Potential Dividend Growth Drivers
What led to the EPS decline? ETR’s cost of revenue fell 21% in 2016 before rising 15% in 9M17. In addition, gross profit expanded 3% in 2016 before falling 2% in 9M17. Operating expenses rose 8% and 14% in 2016 and 9M17, respectively, due to higher asset impairment and decommissioning charges in both the periods. […]
Analyzing Symantec, a Low Dividend Grower
Symantec’s costs and expenses fell 6.0% and 31.0% in 2015 and 2016, respectively.
A Look at Corning, Another Top Dividend Grower
Corning’s net sales and earnings in 2015 and 2016 Corning’s (GLW) net sales fell 6% in 2015 before rising 3% in 2016. Its North American net sales rose in 2015 before falling slightly in 2016, and its Asia-Pacific, European, and other net sales fell in 2015 and rose in 2016. In 2015, its Optical Communications segment’s net sales […]
Here’s Why L Brands’ Dividend Yield Is Rising
Reasons behind L Brands’ growing yield Specialty fashion retailer L Brands (LB) saw its sales slow between 2013 and 2016. The company recorded revenue growth of 3.5% in 2016, compared with 6% in 2015. The growth was driven by the Victoria’s Secret and Bath & Body Works segments. Whereas its operating income grew 12% in 2015, it […]
Dividend Yield of W.W. Grainger
W.W. Grainger’s (GWW) PE ratio of 16.3x compares to a sector average of 29.3x. The dividend yield of 3.2% compares to a sector average of 1.6%.
Will Genuine Parts Sustain Its Dividend Yield?
Genuine Parts (GPC) recorded a marginal growth in its 2016 net sales, driven by its Automotive and Office Products segments.
Ashford Hospitality Trust’s Dividend Woes
Ashford Hospitality Trust (AHT) didn’t declare a dividend between September 15, 2008, and February 24, 2011.
How Technology Helped UPS to Boost Its Customer Service
UPS installed telematics in approximately 83,000 vehicles by the end of 2015. This technology helps to measure a truck’s performance and condition.