AFSM News and Press, First Trust Exchange-Traded Fund VIII - First Trust Active Factor Small Cap ETF From 07/13/24

2024-07-13 01:10:00 ET Summary Wholesale inflation unexpectedly rose last month. The producer price index for final demand increased 0.2% MoM (s.a.), more than the expected 0.1% growth. The Fed has been in a tightening cycle to tackle high inflation, among other things. ...

2024-07-13 01:05:08 ET Summary Growth initiatives and maintaining the present competitive tax rate structure will be necessary to keep corporate America resilient. It is no secret now that the "average diversified" portfolio has underperformed this year as investors have flocked t...

2024-07-13 00:54:43 ET Summary U.S. inflation fell to 3 percent, year-over-year, in June, exceeding expectations. Investors are betting on interest rate cuts this year, one, or, possibly two. The economy remains relatively strong, unemployment is OK, although it has risen in t...

2024-07-13 00:30:00 ET Summary US inflation data caused a significant selloff in US mega-cap tech stocks and a shift towards riskier areas of the market. The ECB interest rate decision is expected to bring no change, but the bank lending survey may shed light on the impact of high...

2024-07-13 00:15:00 ET Summary Core CPI, which excludes volatile food and energy prices, increased 0.1 percent. The energy component of the CPI fell 2.0 percent in June. Gasoline in particular is down 3.8 percent. Market rates are not only above natural-rate estimates. They ar...

2024-07-12 23:58:00 ET Summary The June CPI reading significantly increases the likelihood of a Federal Reserve rate cut in September. This marks the second consecutive month of weaker-than-expected inflation data. Headline CPI fell to -0.1% month-on-month, the first negative ...

2024-07-12 15:15:00 ET Summary Yesterday, a strong rotation took place out of mega cap stocks into smaller cap stocks. Thursday was only one day, but the Mag 7 did not fare well, with the MAGS ETF down almost -4.5%. The market thinking is a rate cut will stimulate the economy,...

2024-07-12 12:00:00 ET Summary We see a new wave of investment into the real economy, transforming economies and markets. We look for investments that can do well across scenarios and lean into the current most likely one. We stay dynamic and ready to overhaul asset allocation...

2024-07-12 10:10:00 ET Summary U.S. growth is softening as lower-income households feel the bite of higher interest rates. A first Fed rate cut could occur in September, provided inflation continues to decelerate, and economic activity does not reaccelerate. The inflation scar...

2024-07-12 09:20:00 ET Summary We remain constructive on equities based on three general observations - investors’ renewed focus on corporate earnings, the gradual broadening of the stock market and the continuing global industrial rebound. In the near future, we expect fur...