The U.S. Federal Reserve (Fed) is tightening monetary policy in an effort to bring down the rate of inflation while still not tipping the economy into a recession. The process of neutralizing the impact of the massive amount of government stimulus we have seen in response to the economic impacts from the COVID pandemic will [...] Read more at ETFtrends.com.
After months and months of failed traction on a climate and tax bill by Senate Democrats, Senator Joe Manchin (D-West Virginia) announced a surprise deal last week with Senate majority leader Chuck Schumer (D-New York) that addresses climate change, reduces prescription drug costs, tax loops used by corporations and the wealthy, and lowering the U.S. [...] Read more at ETFtrends.com.
“We do not have government by the majority. We have government by the majority who participate.” – Thomas Jefferson I admit it, I regularly round-file any paperwork that shows up in a big plastic bag and says something like “Your Vote Matters!” If you’re honest, I’m guessing you do too. Those tomes of paper still [...] Read more at ETFtrends.com.
Despite maintaining its strong growth trajectory in the first quarter with revenues up over 60%, the valuation for MercadoLibre Inc. (NASDAQ: MELI) has compressed aggressively over the last year. The Argentina-based e-commerce giant is trading well below levels before the onset of COVID-19 in 2020. While the long-term fundamentals remain intact, short-term prices are reflecting [...] Read more at ETFtrends.com.
Yields on U.S. Treasury yields rose sharply Friday morning after the jobs report suggested the economy might not be cooling as fast as investors had assumed. The yield on the benchmark 10-year U.S. Treasury note was 2.801%, according to Tradeweb, up from 2.674% Thursday. This is still below its 2022 peak near 3.5% set in [...] Read more at ETFtrends.com.
The more than half a million new jobs added to the U.S. economy have many investors and analysts thinking that the Federal Reserve will continue its aggressive rate hike plan to fight inflation. The U.S. labor market added 528,000 jobs in July, more than double what Dow Jones estimated (258,000 more jobs). Unemployment also dropped [...] Read more at ETFtrends.com.
“The thing about active management, depending on one’s approach, obviously, is that inefficiencies in the market can be beneficial,” TrueMark Chief Investment Officer Mike Loukas told NYSE’s Judy Shaw at Exchange: An ETF Experience 2022 for ETF Leaders, powered by the New York Stock Exchange. To navigate anticipated market volatility, Fed policies, inflation, and [...] Read more at ETFtrends.com.
Investor interest in real estate ETFs surged last month. Real estate has historically been embraced because of its ability to deliver excess returns during bull markets and low correlation with traditional stock and bond investments. REITs also appeal to investors seeking current income, as these trusts must distribute at least 90% of their income to [...] Read more at ETFtrends.com.
Advisors looking for an ESG fund to serve as a portfolio’s core equity holding should consider the Invesco ESG S&P 500 Equal Weight ETF (RSPE), which couples a unique weighting methodology with thorough ESG screening. An equal-weight strategy such as RSPE can provide diversification benefits and reduce concentration risk by weighting each constituent company equally [...] Read more at ETFtrends.com.
Even as markets rebounded in July, investors still favored low-volatility funds in anticipation of more market disruptions ahead. Equities — and particularly the growthiest segments of the market — staged a recovery rally last month despite data showing increasing headwinds for the U.S. economy, including GDP decline for the second consecutive quarter, persistently high inflation, [...] Read more at ETFtrends.com.
Certain investors rebuke the addition of cryptocurrencies in their portfolios, dismissing digital assets as too great of a risk, especially without regulatory oversight. That could be changing with the introduction of a pair of bills by the U.S. Senate. According to a Wall Street Journal report, Senate leaders “are set to propose legislation that would [...] Read more at ETFtrends.com.
The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Friday, with over 362,000 shares traded versus three month average volume of about 62,000. Shares of PBUS were off about 0.2% on the day.
In trading on Friday, the Oil Services ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of Propetro Holding, up about 8.4% and shares of Nextier Oilfield Solutions, up about 7.8% on the day.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Mid-Cap 400 Value ETF (Symbol: IJJ) where we have detected an approximate $96.7 million dollar outflow -- that's a 1.3% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Value Factor ETF (Symbol: VLUE) where we have detected an approximate $119.3 million dollar outflow -- that's a 1.3% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Oil Services ETF (Symbol: OIH) where we have detected an approximate $98.8 million dollar outflow -- that's a 4.3% decrease week over week (from 10,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Australia ETF (Symbol: EWA) where we have detected an approximate $81.1 million dollar outflow -- that's a 4.3% decrease week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio Short Term Corporate Bond ETF (Symbol: SPSB) where we have detected an approximate $98.7 million dollar outflow -- that's a 1.3% decr
In trading on Friday, shares of the iShares U.S. Aerospace & Defense ETF (Symbol: ITA) crossed below their 200 day moving average of $103.82, changing hands as low as $103.36 per share. iShares U.S. Aerospace & Defense shares are currently trading off about 0.6% on the
Investors reinstated their positions in the growthiest segments of the market in July. After U.S. equities posted their worst first-half performance since 1970 as inflation concerns, Fed rate hikes, and slowing economic growth weighed on markets, U.S. equities pulled off a stellar comeback in July. Key performance drivers during July included big tech outperformance and [...] Read more at ETFtrends.com.