5 Jul, 2019 image
search_img

Turnkey Tech Investing: June 2019 Market Brief

Despite fears of a prolonged U.S./China trade war, escalating geopolitical tensions in the Middle East, and slowing global growth, global equity markets finished June with solid gains. The ROBO portfolio gained 10.3% for the month, easily outpacing a 6.5% gain for ACWI.

After a two-day meeting, Fed Chairman Jerome Powell addressed fears of how the continuing US/China trade war could hurt the US economy. Powell commented that the central bank was closely monitoring the situation and the Fed would “act as appropriate to sustain the expansion.” This perceived willingness to cut interest rates was positive for risk assets and drove equity indices higher.

The investment theme in 2019 has been “expect a tougher climb.” It’s a straightforward declaration, but the emphasis has always been on “the climb.” Recently, however, the “tougher” part has been getting the upper hand.

However, June’s results demonstrate that robotics and artificial intelligence (AI) are technologies that have the upper hand—and that are delivering the investment alpha investors are seeking in today’s volatile market environment. While we don’t have a crystal ball to predict tomorrow’s stock market moves, we do remain heavily convicted in our view that robotics and AI are powerful disruptors that are rapidly changing our lives and nearly every business model across the globe. As a result, we do not believe that the current economic cycle is at its end. For that reason, it is paramount that investors position themselves for this monumental investment opportunity and, most importantly, stay invested in what promises to be a journey that lasts for decades.

By Bill Studebaker, President & CIO, ROBO Global

  • 753 Followers
  • Subscribeto RSS Feed

Popular & Recent News

Recent White Papers

Categories

You are now leaving the ROBO Global website

You are now leaving the ROBO Global website. The following landing page may contain information concerning investments, products or other information. Exchange Traded Concepts LLC, the Fund Advisor are not responsible for the accuracy or completeness of information on non-affiliated websites. The material available on non-affiliated websites has been produced by the entities that are not affiliated with Exchange Traded Concepts LLC. Descriptions of, references to, or links to products or publications within any non-affiliated linked website does not imply endorsement of that product or publication by Exchange Traded Concepts LLC. Any opinions or recommendations from non-affiliated websites are solely those of the independent providers and are not the opinions or recommendations of Exchange Traded Concepts LLC, which is not responsible for any inaccuracies or errors.

Proceed

Dismiss

You are now leaving the ROBO Global website

You are now leaving the ROBO Global, LLC website and being directed to ETF Securities (UK) Limited which is authorized and regulated by the United Kingdom Financial Conduct Authority (the “FCA”). By clicking “OK”, you acknowledge that you are someone authorized to undertake investment activities relating to the Exchange Traded Funds (ETFs). IN addition, you understand that ROBO Global, LLC is not making any financial promotion or carrying out any regulated activity of said products. The following landing page may contain information concerning investments, products or other information. ETF Securities (UK) Limited is not responsible for the accuracy or completeness of information on non-affiliated websites. The material available on non-affiliated websites has been produced by entities that are not affiliated with ETF Securities (UK) Limited. Descriptions of references to, or links to products or publications within any non-affiliated linked websites does not imply endorsement of that product or publication by ETF Securities (UK) Limited. Any opinions or recommendations from non-affiliated websites are solely those of the independent providers and are not the opinions or recommendations of ETF Securities (UK) Limited, which is not responsible for any inaccuracies or errors.

Proceed

Dismiss

You are now leaving the ROBO Global website

You are now leaving the ROBO Global, LLC website and being directed to ETFS Management (AUS) Limited which is authorized and regulated by the Australian Securities and Investments Commission (“ASIC“). By clicking “OK”, you acknowledge that you are someone authorized to undertake investment activities relating to the Exchange Traded Funds (ETFs). In addition, you understand that ROBO Global, LLC is not making any financial promotion or carrying out any regulated activity of said products. The following landing page may contain information concerning investments, products or other information. ETFS Management (AUS) Limited is not responsible for the accuracy or completeness of information on non-affiliated websites. The material available on non-affiliated websites has been produced by entities that are not affiliated with ETFS Management (AUS) Limited. Descriptions of references to, or links to products or publications within any non-affiliated linked websites does not imply endorsement of that product or publication by ETFS Management (AUS) Limited. Any opinions or recommendations from non-affiliated websites are solely those of the independent providers and are not the opinions or recommendations of ETFS Management (AUS) Limited, which is not responsible for any inaccuracies or errors.

Proceed

Dismiss