EWY Stock Recent News

Investors are looking to global markets for growth as the U.S. dollar weakens. The post These Global Markets Are Outperforming U.S. Stocks In 2023 appeared first on Investor's Business Daily.

Investor expectations were buoyed at the beginning of the year with the inauguration of pro-business President Yoon Suk-yeol. By 2026, South Korean battery makers will be operating plants in the U.S., accounting for at least 200-gigawatt hours each year.

EWY invests in South Korean equities. EWY has fallen alongside other global equities over the past year or so.

Samsung, SK Hynix, and other South Korean semiconductor companies are the basis for the Won and an indicator of consumer demand across the world. Consumer confidence is falling, and now semiconductor inventories are suddenly rising which is a bad signal for exports.

EWY invests in South Korean equities. The ETF is likely undervalued based on forward earnings, however, it has been selling off, owing to a weaker South Korean won, and cyclically out-of-favour sector exposures.

Some of the most significant advancements of our day is cancer research, meat substitutes, and innovative home technology.  So, which nation tops the globe in R&D, patent activity, high-tech density, and all other aspects of supporting innovation?

EWY invests in South Korean equities. An IRR gauge, even assuming no buybacks, suggests potential returns in the 9-19% range (per annum over the next few years).