AFSM News and Press, First Trust Exchange-Traded Fund VIII - First Trust Active Factor Small Cap ETF From 07/10/24

2024-07-10 10:42:00 ET Summary The diverging trends for the United States' international trade continued in May 2024. For China, the level of trade between the two countries is expected to fall in the months ahead as a new series of the Biden administration's anti-free trade tarif...

2024-07-10 10:05:00 ET Summary We upgrade our macroeconomic outlook based on continued strength in the U.S. economy, but remain cautious on still high inflation. Our expectation for just two rate cuts leaves us committed to quality for the rest of the year, but pockets of opportun...

2024-07-10 08:57:00 ET Summary The headline number for the NFIB Small Business Optimism Index rose to 91.5 in June. Despite being the highest level of 2024 so far, the latest reading marks the 30th consecutive month the index has been below the series historical average of 97.9. ...

2024-07-10 08:31:25 ET Summary Fed Chair Powell warns of two-sided risk facing monetary policy: elevated inflation and risk of recession. The labor market is already signaling a recession, however, the Fed still sees the labor market as "strong, but not overheated". Thus, the ...

2024-07-10 07:00:00 ET Summary The dollar is mostly softer today, but largely within the recent ranges, as the market appears to be waiting for tomorrow's US CPI. A less hawkish Reserve Bank of New Zealand has triggered a sell-off of the local dollar. Global equities are mostl...

2024-07-10 06:25:00 ET Summary Global elections in 2024 are turning out to have more plot twists than a summer blockbuster. While markets appear to be focusing largely on fiscal policy and taxes, the proposed new trade policies are massive in their scope. It is extremely diffi...

2024-07-10 03:15:00 ET Summary Fed Chair Powell’s testimony didn’t give away much and markets continue to price in around a 75% probability for a September cut. French spreads remain elevated, but issuers are returning to EUR primary markets as event risks are abatin...

2024-07-09 21:06:38 ET Summary Economist, Hyman Minsky, theorized financial bubbles are caused by new technology, easy credit, amnesia about past bubbles, and abandonment of traditional stock valuation methods. Federal Reserve's aggressive monetary policies since 2008 have inflate...

2024-07-09 14:20:00 ET Summary With a move up to 91.5 in June, the Small Business Optimism Index has now risen in each of the past three months and is at the highest level of 2024. Even with recent improvements, the headline number still sits in the bottom 13% of its historical ra...

2024-07-09 13:36:57 ET Summary June inflation is expected to see a modest uptick from May, with headline CPI increasing by 0.1% m/m and core CPI by 0.2% m/m. Expectations for CPI swaps pricing in a 0.0% m/m change in headline CPI for June and a 3.1% y/y increase. Auto insuranc...