The WisdomTree Blog
Japanese policy makers are poised to deliver added pro-growth stimulus in the coming months. The only way to link the central bank balance sheet to aggregate demand and future growth potential is through the combination of fiscal and structural policy. Prime minister Shinzo Abe understands this very well.
The financial markets seem to be at an inflection point in trying to determine where the next visible move will be. Indeed, since this year’s peak risk-off day on Feb. 11, the equity, credit and commodity markets have all experienced rather notable positive movement, but one has to wonder whether this improvement was merely a reversal from oversold conditions or a sign that a renewed forward trend has in fact begun.
If oil prices can break through $50 a barrel, oil markets may establish a new trading range. But the direction of oil prices is not just important for Energy stocks. Luciano Siracusano explains why the trend is impacting sentiment toward commodity-exporting countries and emerging market stocks, and it may even have implications for the Financial sector in the U.S.
2016 has been a volatile year for many asset classes. During times like these, it is not unusual for safe-haven assets, such as U.S. investment-grade fixed income, to experience outsized total returns. However, this rally is not just about a risk-off scenario leading to a run-up in bond prices.
More than three years ago, WisdomTree realized that indexes focused on historical dividend growth and exchange-traded funds designed to track these backward-looking dividend indexes were extremely popular. Always looking to innovate, WisdomTree created a forward-looking dividend growth Index that seeks to capture dividend growth trends that often are not captured by backward-looking indexes.
Jeremy J Siegel
Senior Investment Strategy Advisor
Jonathan Steinberg
CEO of WisdomTree
Jesper Koll
WisdomTree's Head of Japan
Jeremy Schwartz, CFA
Executive Vice President, Global Head of Research
Christopher Gannatti, CFA
Head of Research, Europe
Christopher Gannatti began at WisdomTree as a Research Analyst in December 2010, working directly with Jeremy Schwartz, CFA®, Director of Research. In January of 2014, he was promoted to Associate Director of Research where he was responsible to lead different groups of analysts and strategists within the broader Research team at WisdomTree. In February of 2018, Christopher was promoted to Head of Research, Europe, where he will be based out of WisdomTree’s London office and will be responsible for the full WisdomTree research effort within the European market, as well as supporting the UCITs platform globally. Christopher came to WisdomTree from Lord Abbett, where he worked for four and a half years as a Regional Consultant. He received his MBA in Quantitative Finance, Accounting, and Economics from NYU’s Stern School of Business in 2010, and he received his bachelor’s degree from Colgate University in Economics in 2006. Christopher is a holder of the Chartered Financial Analyst designation.
Kevin Flanagan
Senior Fixed Income Strategist
Bradley Krom
Associate Director of Research
Tripp Zimmerman, CFA
Associate Director of Research
Rick Harper
Head of Fixed Income & Currency
Gaurav Sinha
Asset Allocation Strategist
Anita Rausch
Head of Capital Markets
Michael Barrer
Senior Associate of Capital Markets
David Abner
Head of Europe
Joseph Tenaglia, CFA
Asset Allocation Strategist
Jeff Weniger, CFA
Asset Allocation Strategist
Matt Wagner
Research Analyst
Alejandro Saltiel, CFA
Quantitative Research Analyst
Alejandro Saltiel joined WisdomTree as a Quantitative Research Analyst in May 2017. He is responsible for quantitative research on WisdomTree’s products and global equity markets. Prior to joining WisdomTree, Alejandro worked at HSBC Asset Management’s Mexico City office as Portfolio Manager for multi-asset mutual funds. He started his career working at a boutique hedge fund that specialized on trading options on sector-levered ETFs. Alejandro received his Master’s in Financial Engineering degree from Columbia University in 2017 and a Bachelor’s in Engineering degree from the Instituto Tecnológico Autónomo de México (ITAM) in 2010. He is a holder of the Chartered Financial Analyst designation.
Brendan Loftus
Research Analyst
Ben Tan
Quantitative Research Analyst
Jeremy Schwartz recently spoke with Jawad Mian, editor of “ Stray Reflections,” and Richard Clarida, global strategic advisor to PIMCO and economics professor at Columbia, regarding their thoughts on policy action by the Federal Reserve (Fed), the Bank of Japan (BOJ) and the European Central Bank (ECB), as well as global implications for investing. Below I outline the key takeaways.
India’s parliament is currently about to close its winter session. Agenda items for the session included key bills such as the Goods and Services Tax (GST) Bill, which could simplify taxes and increase mobility of goods and services across the country; the introduction of a bankruptcy code to strengthen the banking system; and a few other key legislative items.
Many investors allocate their portfolios to traditional asset classes only—namely equity and fixed income, investing on a long-only basis. A dynamic bearish strategy is designed to be net short or market neutral (equal long and short positions) when the market environment is judged to be poor or mixed, and net long when the environment is deemed more attractive. We believe this may be a better long-run strategy than being 100% net short over the long term.