The Federal Reserve has raised interest rates by 75 basis points on Wednesday as part of its plan to battle record-high inflation. This marks the largest rate hike the U.S. central bank has implemented since 1994. The Federal Open Market Committee decided to raise the range for the federal funds rate between 1.5% and 1.75% to [...] Read more at ETFtrends.com.
Stocks and index ETFs are sideways on Wednesday, off their recent lows, as investors anxiously await the Federal Reserve meeting for indications of how the next year may progress. While the markets have been in a steep selloff since the beginning of the month, investors are hoping for a reprieve from the damage. As investors [...] Read more at ETFtrends.com.
With rising rates and inflation causing so much uncertainty, advisors planning portfolios, particularly the fixed income portions, “really need to come up with some additional non-traditional ways of gaining that income,” according to Steve Deroian, U.S. co-head of retail product at John Hancock. “We don’t know where the market’s going to go, and we don’t [...] Read more at ETFtrends.com.
I recently had the good fortune to sit down with Corey Hoffstein, co-founder and CIO of Newfound Research, to discuss return stacking and return stacking models, a more unique approach to investing in stocks, bonds, and alternatives that can provide more traditional beta-like returns while also generating alpha from managed futures or other alternatives. Hoffstein [...] Read more at ETFtrends.com.
Laura Morrison has been appointed to the newly created position of chief revenue officer at Direxion. In her new role, Morrison will be based out of Direxion’s New York office and oversee the ETF issuer’s sales, marketing, and product teams. Morrison was recently senior vice president and global head of listings at Cboe, where she [...] Read more at ETFtrends.com.
U.S. stocks rose while government bonds stabilized in early trading on Wednesday as Wall Street awaited the Federal Reserve’s announcement on interest rate hikes. Investors and analysts expect the U.S. central bank to announce a 75-basis-point rate hike on Wednesday at 2 PM Eastern time, which would be the largest since 1994. “Economists expect the [...] Read more at ETFtrends.com.
The highly anticipated Federal Reserve meeting happens today in which the Fed will be announcing the interest rate increase for June. The central bank had previously indicated a 0.50% increase as likely for June and July, but May’s CPI report of historically high inflation has cast doubts in the minds of analysts, advisors, and investors. [...] Read more at ETFtrends.com.
The Invesco S&P 500— Equal Weight Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Wednesday, with over 280,000 shares traded versus three month average volume of about 42,000. Shares of RCD were up about 1.8% on the day.
The Invesco S&P 500® Equal Weight ETF (RSP) has seen over $3.2 billion in net inflows year-to-date as investors look to the benefits of equal weighting. RSP is an ideal fit for investors looking to maintain broad exposure to the U.S. market since the fund weights each of the 500 holdings equally, around 0.20%. This [...] Read more at ETFtrends.com.
History has demonstrated that the performance of equities can be a mixed bag during periods of rising interest rates, emphasizing the need for a diversified portfolio. The Federal Reserve will announce its next move to combat inflation on Wednesday afternoon, with investors expecting an increase of 0.75%, which would be the largest increase since 1994. [...] Read more at ETFtrends.com.
By Doug Sandler, CFA, Head of Global Strategy SUMMARY We think the period from 1942-1966, sometimes referred to as ‘mid-century modern’, offers lessons we can learn from today. We see similarities in terms of technological progress, market fundamentals and geo-political instability. If we are right, stocks will likely remain above trend, returns will be more [...] Read more at ETFtrends.com.
In trading on Wednesday, the ARK Innovation ETF is outperforming other ETFs, up about 4.4% on the day. Components of that ETF showing particular strength include shares of Veracyte, up about 9.7% and shares of Roku, up about 9.2% on the day.
Blockchain technology is widely praised for its ability to serve the financial industry by processing transactions more efficiently and securely. Speaking towards that latter benefit, it could also assist in the software industry, according to a Forbes article. Security hacks can certainly upend a business quickly. From compromised data to supply chain management issues, the [...] Read more at ETFtrends.com.
Intro Vocals 00:01 You’re watching the blockchain interviews hosted by Dan Weiskopf. Each episode features interviews with leading industry experts so that viewers can have a deeper understanding of today’s quickly evolving blockchain marketplace. Dan Weiskopf 00:20 Ric I’m so thrilled to have you on the blockchain CEO series. You know, we talk to a [...] Read more at ETFtrends.com.
Municipal bonds are falling back into favor with investors as stock market volatility continues to douse the capital markets with more price fluctuations. As such, more investors could be de-risking into safer haven assets like municipal bonds, which offer some of the best credit quality. That flight to quality is certainly imperative if forecasts of [...] Read more at ETFtrends.com.
A collaborative study of institutional trades by U.S. academics revealed that a rise in passive investing within the last 20 years is showing more inelastic demand curves for individual stocks by 15%. As a result, market efficiency has become disrupted. A Financial Times article, which explained this study, noted that the “analysis raises fresh questions [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Aerospace & Defense ETF (Symbol: ITA) where we have detected an approximate $172.1 million dollar inflow -- that's a 5.0% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Global Natural Resources ETF (Symbol: GNR) where we have detected an approximate $189.8 million dollar inflow -- that's a 5.6% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI EAFE Small-Cap ETF (Symbol: SCZ) where we have detected an approximate $119.7 million dollar inflow -- that's a 1.2% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Bloomberg Short Term High Yield Bond ETF (Symbol: SJNK) where we have detected an approximate $130.6 million dollar inflow -- that's a 3.6% inc