Founded in 2008, Global X Management Company LLC (Global X) is a sponsor of exchange traded funds (ETFs). Global X is known for its Thematic Growth, Income, and International Access ETFs.
Growth substantially outperformed value as market priorities shifted from interest rate sensitivity to economic growth sensitivity, leading to a high level of performance dispersion within equity markets.
The traditional value-oriented sector has seen a shakeup, with 14 S&P 500 stocks reclassified at the sector level, as FinTech's disruption on the Financials sector could result in a higher growth exposure than originally intended.
The adoption of renewable energy is accelerating, particularly wind and solar power, as governments and corporations ramp up decarbonization efforts to minimize the impacts of climate change.
The survey, conducted by Global X Research in February 2023, aimed to gauge consumer sentiment on generative AI, its impact on the job market, and its coexistence with humans.
The increasing use of digital payments in the United States is driving demand for tap-to-pay options and providing cost-effective solutions for merchants to digitize.
The gradual comeback in China could spur economic growth, potentially providing support for the global economy during 2023, as international equities outperformed U.S. equities in January.
As the world grapples with the ongoing energy crisis, a majority of Americans surveyed by Global X Research foresee gas prices rising over the next year.
The Fed stuck to its higher-for-longer stance, with Chairman Jerome Powell reiterating that taming inflation remains a priority, while Chinese markets rallied after easing of their strict 'zero Covid' policy.