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Editor’s Note: Conversational Alpha® (CA) is a vehicle we use for deeper and more relatable discussions about portfolio construction. In that sense, ... By Jon Maier
Global equities are off to a strong start in 2023, driven by declining U.S. inflation and China’s reopening. In the U.S., the ... By Global X CIO Team
S&P 500 companies grew capital expenditures (CAPEX) by 19.8% in 2022. With structural tailwinds this could be the beginning of a new ... By Jon Maier; Michelle Cluver, CFA; David Beniaminov, CFA
Editor’s note: The following post was initially published in 2017, but we feel has continued relevance to investors, in light of the ... By Jon Maier
U.S. markets declined during the month of December snapping a two-month rally. Recession fears remained a key overhang which ties into the ... By Global X CIO Team
Rising Asset Correlations Went into Overdrive In 2022 Correlations across U.S equity, international equity, and fixed income rose in 2022 as global ... By Jon Maier; Michelle Cluver, CFA; David Beniaminov, CFA
The market’s mood hung on every syllable from the Federal Reserve (Fed) in 2022, and 2023 may rhyme. Different for the Fed ... By Jon Maier; Michelle Cluver, CFA; Shannon Ahern, CFA
The news cycle shifted quickly from covering a labor shortage to rounds of layoffs. Although the U.S. labor market remains strong, cracks ... By Jon Maier; Michelle Cluver, CFA
With 26% of the S&P 500 earnings reported, third-quarter results have been mixed, although they generally have come in better than expected, ... By Jon Maier; Michelle Cluver, CFA
Chief Investment Officer Jon Maier and Head of Thematic Solutions Scott Helfstein offer their perspectives on the current investing landscape in what ... By Jon Maier; Scott Helfstein, PhD
Reversing the gains from earlier in Q3, September’s market rout brought U.S. and global equity indexes back into bear market territory. Uncertainty, ... By Michelle Cluver, CFA; Jon Maier
Macroeconomic shifts have stirred global markets this year, and the U.S. is no exception. Tighter monetary policy in response to higher inflation ... By David Beniaminov, CFA; Jon Maier; Michelle Cluver, CFA
Quality has grown in importance as reduced demand expectations and lower consumer sentiment weigh on the macro outlook. The term ‘quality’ can ... By David Beniaminov, CFA; Jon Maier; Michelle Cluver, CFA
The sight of charging stations for electric vehicles (EVs) in parking lots and on the streets in major cities no longer seems ... By Jon Maier; Shannon Ahern, CFA
This piece is part of a larger whitepaper, Investing in Thematics From a PM Perspective. Paper currency is dying a fast death ... By Global X ETF Model Portfolio Team
This piece is part of a larger whitepaper, Investing in Thematics From a PM Perspective. In 1996, Bill Gates published an essay ... By Global X ETF Model Portfolio Team
The Federal Reserve’s July FOMC meeting potentially tilted the market’s focus from interest rate sensitivity to economic growth sensitivity. Therefore, the prospect ... By Jon Maier; Michelle Cluver, CFA
At the onset of the war in Ukraine, Russia provided 40% of Europe’s natural gas.1 Due to Russia’s invasion of Ukraine, the ... By Jon Maier
Rapid economic recovery coming out of the pandemic created distortions in the labor market – raising questions about economic growth and the ... By Michelle Cluver, CFA
Recession fears and an accelerated Federal Reserve (Fed) interest rate hiking trajectory weighed on markets during the second quarter, resulting in the ... By Jon Maier; Michelle Cluver, CFA
Given the current macroeconomic environment, where the most significant topics include discussions on inflation, policy rates, real GDP (rGDP), and the Fed ... By David Beniaminov; Jon Maier; Michelle Cluver, CFA
It appears the hawks and bears may have scared away the doves and bulls, at least in the short term. In the ... By Michelle Cluver, CFA; Jon Maier
After the Federal Reserve (Fed) raised the fed funds target rate by 50 basis points (bps) in May, most market participants focused ... By Jon Maier
This has been a tough earnings season for certain sectors of the S&P 500 Index. This earnings season provided investors insight on ... By David Beniaminov; Jon Maier; Michelle Cluver, CFA
Inflation and rising interest rates create an uphill journey for the consumer and the economy. U.S. real disposable income has been declining ... By Jon Maier; Michelle Cluver, CFA
This piece is part of a larger whitepaper, Investing in Thematics From a PM Perspective. Electronic and autonomous vehicles (EV/AVs) highlight the ... By Global X CIO Model Portfolio Team
This piece is part of a larger whitepaper, Investing in Thematics From a PM Perspective. A constant throughout history is that humans ... By Global X CIO Model Portfolio Team
In today’s digital world, data is gold, and more malicious actors are trying to get their hands on the prize. Just recently, ... By Jon Maier
2022 is off to a rocky start with inflation, economic growth and the trajectory for higher policy interest rates remaining center stage. ... By Jon Maier; Michelle Cluver, CFA
Challenges of Higher Inflation and Interest Rates Inflation has reached levels not seen in 40 years, pressuring the Federal Reserve (Fed) to ... By Global X CIO Model Portfolio Team
Growthier segments of the market came under pressure as investors began prioritizing shorter duration, current profitability, and dividend income. About 75% of ... By Jon Maier; Michelle Cluver, CFA; David Beniaminov
This piece is part of a larger whitepaper, Investing In Thematics From a PM Perspective. Connectivity creates opportunities, and we expect the ... By Global X CIO Model Portfolio Team
This piece is part of a larger whitepaper, Investing in Thematics From a PM Perspective. Perhaps no investment theme has been more ... By Global X CIO Model Portfolio Team
Inflation and its implications for real economic growth are the main portfolio positioning consideration of the conflict in Ukraine. The Bloomberg Commodity ... By Michelle Cluver, CFA
Russia’s Invasion of Ukraine: Food Inflation, Energy Costs Spike With Russia’s invasion of Ukraine into its second week, the economic fallout is ... By Jon Maier; David Beniaminov
Russia’s invasion of Ukraine, the biggest conventional military attack in Europe since World War II, has wide-ranging implications for economies and markets ... By Jon Maier; Michelle Cluver, CFA; David Beniaminov
On Thursday morning Ukraine time (+7 hours from NY), Russia launched a full-scale attack on Ukraine. Assisted by neighboring Belarus, Russia launched ... By Jon Maier; Michelle Cluver, CFA
This month we will be dissecting the dividend discount model (DDM), its various uses, and how higher yields impact the intrinsic value ... By Jon Maier; Michelle Cluver, CFA; David Beniaminov
The pace of Federal Reserve (Fed) balance sheet tapering, that started in November, accelerated in December, bringing forward the timing of the ... By Jon Maier; Michelle Cluver, CFA; David Beniaminov
2021 was a strong year for U.S. equity markets. The S&P 500 Index returned +11.0% in Q4, bringing its 2021 return to ... By Jon Maier; Michelle Cluver, CFA
With peak liquidity reached, we expect the market will pay closer attention to fundamentals heading into 2022. The market is contextualizing demand-driven ... By Jon Maier; Michelle Cluver, CFA; Morgane Delledonne; Rohan Reddy, CFA
With peak liquidity reached, we expect the market will pay closer attention to fundamentals heading into 2022. The market is contextualizing demand-driven ... By Jon Maier; Michelle Cluver, CFA; Morgane Delledonne; Rohan Reddy, CFA
The end of 2021 is in sight, casting a spotlight on 2022 forecasts. This report focuses on our expectations for the GICS ... By Jon Maier; Michelle Cluver, CFA
As we move past the doldrums of September into the Q3 earnings season, there is optimism amid concerns. But can that optimism ... By Jon Maier; Michelle Cluver, CFA
Watch out world, Gen Z has arrived. In September 2021 we surveyed 513 U.S. Gen Z respondents to better understand the investing ... By Jon Maier; Michelle Cluver, CFA
September markets are typically rocky as summer’s calm fades. This September was no different with markets sifting through slowing economic growth and ... By Jon Maier, Michelle Cluver, CFA
The U.S. economy rebounded sharply in the first six months of 2021, but economic expectations for the second half were revised down ... By Jon Maier, Michelle Cluver, CFA
Earnings in Q2 were strong, but rising labor costs and lingering supply chain issues were big topics of conversation on earnings calls. ... By Jon Maier
About the only thing faster than the speed at which China implemented new policy restrictions on big tech, online education, and gaming ... By Jon Maier
July 2021 was quite interesting for the market, as it featured a micro-correction followed by a swift rebound in the second half ... By Jon Maier
The Department of Labor’s (DOL) fiduciary rule is something of a never-ending story. As written, the proposed rule was straightforward: that investment ... By Jon Maier
The summer of 2021 has started. Following more than 6-months of expectations, the long-awaited return to ‘normal life’ is in motion. Restaurants ... By Jon Maier; Michelle Cluver, CFA
The COVID-19 pandemic disrupted global supply chains and reveled their fragility. Looking deeper into the current supply chain constraints is important for ... By Jon Maier; Michelle Cluver, CFA
Investor and consumer trends have pushed companies to pivot business models towards sustainability. Today, sustainable investing is capable of changing corporate behavior ... By Jon Maier; Michelle Cluver, CFA
Is inflation permanent, transitory, or some combo thereof? Should investors be preparing for a short-term increase in inflation or are higher inflation ... By Jon Maier; Michelle Cluver, CFA
Sometimes it’s easy to forget just how disruptive of a technology electricity was. Once that first lightbulb went on and commercial applications ... By Jon Maier; Michelle Cluver, CFA
During April, daily global COVID-19 diagnoses reached all-time highs.1 Case growth plateaued at 5.7 million new cases per week. Emerging markets are ... By Jon Maier; Michelle Cluver, CFA
The American Rescue Plan fully funded the GDP output gap caused by COVID-19. More spending now may risk overheating economy and spiking ... By Global X CIO Model Portfolio Team
Near cycle low interest rates and the risk of reflation presents an uphill battle for traditional fixed income. We believe the current ... By Ker Thao
Big Tech’s influence is just as big as it is controversial. What comes next for the information economy? By Jon Maier
This whitepaper explores different ways to find yield and provides suggestions on how to balance risks when seeking such yield instruments. By Jon Maier, Michelle Cluver, CFA and Rohan Reddy
Don’t fight the Fed, as the saying goes. Here, we look at monetary and fiscal policy and the factors that could determine ... By Michelle Cluver, CFA
Advisory practices modernizing for the 21st century are increasing use of ETFs and ETF model portfolios. Here's why we expect that to ... By Jon Maier and Michelle Cluver, CFA
Global X’s advisor resources offer a new kind of access to our ETF model portfolio expertise. By Jon Maier
In our second piece on Conversational Alpha®, we put alpha in context and talk about how we go about generating it. By Jon Maier and Michelle Cluver, CFA
2019 was a whirlwind of a year, epitomized by shifting clouds of uncertainty. Unfortunately, this is likely to remain front and center ... By Jon Maier and Michelle Cluver, CFA
Conversational Alpha® is live! Our series brings readers relatable investment narratives that may drive long term returns. By Jon Maier
Do the current low levels of the VIX Index create a disconnect between volatility expectations and the market reality? By Michelle Cluver, CFA
The S&P 500 Index entered Q4 with its largest year-to-date gain since 1997. However, risks are rising, and we expect a rocky ... By Jon Maier, Michelle Cluver, CFA
Intentions are one thing. Reality is another. President Trump may want to level the economic playing field with China, but it’s unlikely ... By Jon Maier, Michelle Cluver
A solid first half helped the market shake off the drubbing it took at the end of last year. But the momentum ... By Jon Maier, Michelle Cluver, CFA
Is the consumers' experience of inflation still below 2%? Tariffs have the potential to put upward pressure on consumer prices. By Jon Maier
What does a more accommodative Fed coupled with lower expected economic growth rates mean for markets? By Jon Maier, Michelle Cluver
8 days to the deadline and no-deal may be back on the table. By Jon Maier
MMT has crept into the nation’s political and economic discourse. The theory challenges convention and highlights fundamental political divides. By Jon Maier
We may be in uncharted territory here, with no precedent for a shutdown measured in months and no party willing to negotiate. By Jon Maier, Michelle Cluver
2018 started with market exuberance and ended in fear. In this report we look at what drove the market during Q4 and ... By Jon Maier, Michelle Cluver
2019 sets up to be bumpy. Investors should remember to lean on investing fundamentals in their search for long-term equilibrium. By Jon Maier
Investing in China isn’t what it used to be. China evolving into a more open, global economy adds dynamism to its investment ... By Jon Maier
It’s not everyday that the Dow Jones Industrial Average Index and the S&P 500 Index® give up their gains for the year ... By Jon Maier
More than a few market riddles face investors in the fourth quarter, the biggest of which may be identifying where we are ... By Jon Maier
Who’s concerned about a trade war anyway? That seems to be the U.S. equity market’s take following a robust third quarter. By Jon Maier, Michelle Cluver
Yield potential made preferred shares something of a trendy investment; however, with interest rates rising, where should they fit in a portfolio? By Jon Maier
In this piece, we examine macro trends that make China resilient despite tit-for-tat trade conflicts By Jon Maier, Michelle Cluver, Chelsea Rodstrom
A shakeup in the Global Industry Classification Standard (GICS) is set to have far-reaching implications for portfolio management. By Jon Maier
The first half of 2018 had plenty of drama, without much in terms of absolute returns. By Jon Maier
Contentious negotiations between China, as well as the US's two largest trade partners, has many investors wonder what this means for the ... By Jon Maier
The era of easy money fueled by central bank intervention has investors searching for clues about where the market is in this ... By Jon Maier
For investors, volatility can be unsettling, especially when it hasn’t been around for a while. By Jon Maier
Accelerating economic growth amid the specter of higher inflation and interest rates may encourage investors to look toward commodities. By Jon Maier
There is nothing fundamental that suggests this is anything other than a garden variety pullback. A month of gains was lost, not ... By Jon Maier
Robotics and artificial intelligence (AI) are disrupting traditional paradigm, as well as our daily lives. By Jon Maier
Each year I return from the Inside ETFs Conference in Hollywood, Florida more knowledgeable and enthusiastic about the ETF industry. But something ... By Jon Maier
After exploring endless rows of booths and attending panels of experts, we wanted to share our key takeaways from this year’s event. By Global X Research Team
This post explores the relationship between ETFs and Authorized Participants, as well as the total cost of ETF ownership. By Jon Maier
There are six key dimensions on which to compare Passively Managed ETFs and Actively Managed Mutual Funds. By Jon Maier
Sector diversification, including through sector ETFs, can be an effective a strategy for changing market conditions. By Jon Maier
It was always a big deal to me. And I imagine I’m not alone in feeling this way. The smile that comes ... By Jon Maier
This post is the first post of a multi-part series of pieces designed to provide education around ETFs. By Jon Maier
As adults, our sights tend to narrow amid routines, responsibilities, and a sense of been there, done that. But then there are ... By Jon Maier
Some say passive investing means doing nothing. It's not. Technically, you’ve still actively decided to do something in doing nothing. By Jon Maier
Investing involves risk, including the possible loss of principal. Diversification does not ensure a profit or guarantee against a loss. This information is not intended to be individual or personalized investment or tax advice and should not be used for trading purposes. Please consult a financial advisor or tax professional for more information regarding your investment and/or tax situation.
Information provided by Global X Management Company LLC.
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