Franklin FTSE Taiwan ETF [FLTW] Stock Forecast

Semiconductor ETFs haven't exactly had a year to write home about. They picked up a big boost this week, however, with news that Warren Buffet's Berkshire Hathaway purchased a $4.

It appears to us that there is less potential for support for the country's embattled housing sector in the near term. While there had already been restrictions on the export of high-end chips to China, Biden's recent announcement basically expanded the number of components that are restricted.

Our main takeaway from China's 20th Party Congress is the emphasis on security, implying further self-sufficiency—and potential investment opportunity—in the food, energy and technology sectors. At the time of writing, Chinese stocks have regained most of the decline immediately following the Congress, a decline precipitated by unreasonable expectations of positive policy change in areas such as Zero-COVID.

The basic power division in China is between the Party and the state apparatus. The most interesting personnel changes will be those affecting members of the Politburo Standing Committee.

Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle with inflation, energy security, and rising recession risks. In year-on-year terms, the rate of overall export growth is now skirting single-digits again.

Chinese economy may do modestly better in the second half of 2022. Longer term, the primary headwind for the Chinese economy lies in demographic patterns.

Despite the United States' passage of the Chips and Science Act to bolster competitiveness, US chipmakers still face a long road ahead in their aim to overtake rivals in Asia. Shipping activity passing through the waters near Taiwan's southern port of Kaohsiung - a critical route for supply chains - resumed normal operations relatively quickly.

China's economy has struggled, but may be turning a corner. Why investors may want to consider Chinese stocks in their long game.

China's zero-COVID policy has cratered the economy, severely hampering mobility and discouraging consumer spending on services. In addition, it has extended economic uncertainty for businesses and caused significant disruption to supply chains.

China's nominal GDP reached $17.5 trillion in 2021, a growth rate of 8.1%. We expect a slower GDP growth rate in 2022 due to very tight Covid measures in Q2 of this year.

Franklin FTSE Taiwan ETF is a US stock and trading under the symbol FLTW

Franklin FTSE Taiwan ETF stock price is $35.205 today.

Yes, Franklin FTSE Taiwan ETF is a publicly traded company.