“I like emerging markets and EM debt mainly because I think the Fed will be dovish and that’ll send the dollar lower…” Tom Essaye, founder of The Sevens Report, tells Yahoo Finance’s “The First Trade.” Read the full article here.
Tom Essaye, founder of the Sevens Report Research, agrees: “The biggest takeaway for regular investors is you’ve got to look inside the ETF and see where they’re allocated.”
Individual Markets Benefiting
Essaye says two emerging market ETFs are benefiting from the trade war concerns: The VanEck Vectors Vietnam ETF (VNM) and the iShares MSCI Thailand ETF (THD), which were outpacing broad-based emerging market ETFs as…Click here to read the full article.
Stocks fell from record highs on Tuesday after President Donald Trump cast doubt on the trade progress between China and the U.S. “Looking at this earnings season, the key question is: Will trade uncertainty cause businesses to pullback on spending and investment enough so that it begins to weigh on earnings?” said Tom Essaye, founder of the Sevens Report. Click here to read the full article.
“There are a lot more risks underlying this market than the tape would imply. If global economic data does not stabilize, or…” wrote Tom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter. Click here to read the full article on Bloomberg.
The price action, “confirms that last week’s rally was driven by falling yields and growing dovish hopes,” rather than faith in the ongoing strength of the U.S. economy, wrote Tom Essaye. Click here to read the full article.
“For now what the bond market is doing is signaling the chances of a recession are more likely than the chances of a renewal of the expansion,” said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
Markets are urging the Fed to cut interest rates. Will it listen? “That is a very clear message that the bond market believes interest rates are too high,” Tom Essaye, the founder of Sevens Report Research, told FOX Business. Click here to read the full article.
“The market was blindsided by this — this is not good for the markets,” Tom Essaye, president of Sevens Report Research, told Yahoo Finance. This was shared on Newsmax.com
Read the full article here.
“The market was blindsided by this — this is not good for the markets,” Tom Essaye, president of Sevens Report Research, said on Yahoo Finance’s The First Trade.
Click here to read the full article.
Tom Essaye quoted in ETF Trends. “There can be no clearer message than that to the Fed: Rates are too high. This is the bond market’s equivalent of a bullhorn screaming it in Powell’s face.” Click here to read the full article.
