AFMC News and Press, First Trust Active Factor Mid Cap ETF From 06/10/24

2024-06-10 06:30:00 ET Summary Today's market sentiment is almost apathetic compared to the frenzy of the late 1990s. The "weak breadth" conundrum lasted almost five full years in the late 1990s accompanied by the similar narrow leadership within the S&P 500 at that time as we...

2024-06-09 16:00:00 ET Summary As expected, the S&P500 broke to new all-time highs this week. The 5400-5412 target is getting close. This article looks at why 5400 may be significant, and where the bullish bias will change. The S&P 500 (SPY) has made some err...

2024-06-09 06:15:00 ET Summary CPI report for May is expected to show cooling on the headline, with a 0.1% increase m/m and 3.4% increase y/y. Core CPI expected to remain on trend at 0.3% increase m/m and 3.5% increase y/y. Overall inflation trends have not changed much since ...

2024-06-08 08:01:46 ET Summary Thus far, the consumer has been resilient - supported by a strong job market, excess pandemic savings, and solid wage gains. MACRO trends are pulling at consumers' purse strings, questioning the sustainability of the positives. It should be clear...

2024-06-08 05:05:00 ET Summary The ECB and Bank of Canada cut rates this week, with markets seeing the global central bank community's easing cycle now underway. Booming markets have a way of disregarding corrosive fundamental factors. Especially in today's backdrop, there are com...

2024-06-08 03:20:00 ET Summary Many consider the PMI a key economic indicator, but it is not. The PMI, currently below 50, reflects market pessimism. The pessimism appears to be easing, and the next couple of reports could bring us over 50. Many consider the PMI a ke...

2024-06-08 00:01:00 ET Summary Coming into 2024, many income investors expected falling inflation, slowing economic growth and rate cuts that would boost bond returns- a view that spurred record flows into investment-grade bonds. Despite a slow start to the year for bonds, fixed i...

2024-06-07 22:55:00 ET Summary Payroll gains were hotter than expected in May, slamming the door shut on any hopes of a July policy rate cut. The latest jobs report showed that 272,000 non-farm payroll jobs were added last month, significantly beating consensus forecasts of 180,00...

2024-06-07 12:10:00 ET Summary The consistent and persistent strength in S&P 500 earnings is pretty remarkable. There is little change in the general trend of S&P 500 earnings as what looks to be an almost perfect economy, as reflected in the S&P 500’s eleven se...

2024-06-07 11:35:00 ET Summary US May non-farm payrolls came in at 272k versus the 180k consensus. The gains were once again led by the usual suspects of private education & health services, leisure & hospitality, and government. The unemployment rate has gone from 3.4...