The U.S. added only 194,000 jobs in September per Friday’s DOL report, far below the expected 500,000. Labor force participation also declined, keeping payrolls well below the pre-covid trend, exacerbating labor shortages, and laying the groundwork for more wage inflation. The disappointing report sent Treasury yields—and overall inflation expectations—higher Friday, but has the past year anchored [...] Read more at ETFtrends.com.
Astoria Portfolio Advisors would like to thank Bloomberg Quicktake, Eric Balchunas, and Joel Weber for having us as a guest on “Trillions: ETF Master Chef” where our CIO, John Davi, discussed our Inflation Sensitive strategy. Click here to view the feature. Best, Astoria Portfolio Advisors For more news, information, and strategy, visit the ETF Strategist [...] Read more at ETFtrends.com.
Exchange traded funds continue to gain in popularity as investors pour more money into the popular investment vehicle. In the month of September, ETFs gained another $55 billion in inflows, adding to the record-setting pool that had surpassed all of last year’s inflows into ETFs by the end of July this year, reported Morningstar. With [...] Read more at ETFtrends.com.
Growth stocks and related exchange traded funds stood out in mixed trading across U.S. markets after the release of minutes from the September Federal Reserve policy meeting. The latest Fed minutes revealed that U.S. central bankers were thinking that they could start cutting back on pandemic-era support for the economy by mid-November, but they remained [...] Read more at ETFtrends.com.
When looking to diversify a portfolio to adapt to a changing environment, investors can consider the ins and outs of the global carbon markets and how they can gain access to this historically inaccessible market through exchange traded funds. In the recent webcast, Carbon Allowances: An Asset Class That’s Good for the Planet and Your [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the Vanguard Utilities ETF (Symbol: VPU) crossed above their 200 day moving average of $141.76, changing hands as high as $142.22 per share. Vanguard Utilities shares are currently trading up about 0.9% on the day. The chart below shows the
In trading on Wednesday, shares of the Invesco NASDAQ Internet ETF (Symbol: PNQI) crossed above their 200 day moving average of $243.34, changing hands as high as $243.61 per share. Invesco NASDAQ Internet shares are currently trading up about 1.6% on the day. The chart below
In trading on Wednesday, shares of the Vanguard Short-Term Treasury ETF (Symbol: VGSH) entered into oversold territory, changing hands as low as $61.30 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
The municipal bond madness continues for fixed income investors who are flocking to these tax-free debt issues via exchange traded funds (ETFs), according to a Financial Advisor article. As the article noted, “Spurred by low yields and the threat of higher taxes, money is pouring into tax-free municipal bond ETFs, according to new analysis from [...] Read more at ETFtrends.com.
Biopharmaceutical company Legend BioTech (LEGN) hit a new 54-week high this Tuesday, up 103.4% this year. LEGN is a multinational biopharmaceutical company primarily engaged in the discovery and development of cell therapies for oncology. The company’s current lead project is an antigen therapy for the treatment of multiple myeloma, a cancer which affects plasma cells. [...] Read more at ETFtrends.com.
Sustainable bond issuance has reached a global high with a total of $777.6 billion through the first nine months of 2021, according to a Reuters article. This underscores the continuing popularity of ESG investing as more companies look to add ESG principles into their core business models. Issuance has risen 57% since the same time [...] Read more at ETFtrends.com.
The Russell 1000 is one of the most widely observed domestic equity gauges. To be precise, the market capitalization-weighted version of the Russell 1000 is widely followed. However, there’s also an equal weight version — the Russell 1000 Equal Weight Index — and it’s accessible via the Invesco Russell 1000 Equal Weight ETF (NYSEArca: EQAL). EQAL’s underlying [...] Read more at ETFtrends.com.
Much of the thesis for cybersecurity stocks and exchange traded funds, including the First Trust Nasdaq Cybersecurity ETF (CIBR), revolves around companies and governments spending on software and services needed to guard against cyberattacks. That’s a known fact, and plenty of industries and sectors are likely to become clients of CIBR member firms, if they aren’t [...] Read more at ETFtrends.com.
All good things don’t necessarily need to come to an end, but the 60% equity/40% fixed income portfolio structure that was such a cornerstone of investing for decades may be on borrowed time. At the very least, evidence is mounting that the 60/40 model is in need of rejuvenation and could prove vulnerable to inflation, [...] Read more at ETFtrends.com.
Crypto markets are arguably one of the most volatile asset classes on the market currently. Despite their volatility, or perhaps because of it, investors continue to flock to the space looking to make money and invest in the promising future of digital transactions. With so many options available for how to gain exposure to cryptoassets, [...] Read more at ETFtrends.com.
Inflationary concerns continue to affect markets, with consumer prices rising a bit more than expected in September, according to data from the Labor Department reported Wednesday. Although food and energy price gains counteracted declines in used cars, the consumer price index for all items increased 0.4% for the month, in contrast to the 0.3% Dow [...] Read more at ETFtrends.com.
It’s been a record year of growth for ETFs across the board, and while popular investment approaches such as thematics have often taken the stage, there are many ETFs that are quietly scooping up more than their share of the market space. Municipal bonds have shown potential for growth, particularly with the impending infrastructure bill [...] Read more at ETFtrends.com.
Marathon Digital Holdings (MARA) published an unaudited bitcoin production and miner installation update for September 2021 on Monday that showed a 91% production increase quarter over quarter. According to the report, Marathon produced 1,252.4 bitcoin during Q3, and 340.6 new coins in September alone. The company currently holds approximately 7,035 bitcoin with a collective value [...] Read more at ETFtrends.com.
How a company approaches and views innovation trickles down into investment approaches and styles of investing, a recent study found. Fidelity Asset Management Solutions recently conducted an industry first survey in asking institutional investors how they invest and make decisions through a construct that was adapted from a different landmark study on innovation, reports Institutional [...] Read more at ETFtrends.com.
The health of people is inextricably linked to the health of the planet, and there is now overwhelming proof of the direct link between climate change and health. In a report by the World Health Organization (WHO), the call for urgent and immediate change is made as links between weather events, air pollution, and other [...] Read more at ETFtrends.com.