BBMC News and Press, JPMorgan BetaBuilders U.S. Mid Cap Equity From 09/11/23

2023-09-11 10:05:00 ET Summary August CPI, due 9/13/23, becomes another focal point / the inflection point du jour. A look back on US rate structure gives perspective (higher for longer?). Still very constructive on the market with caveats on sector and valuation. Fo...

2023-09-08 21:55:00 ET Summary Ford’s annual return since 1990 was surprising, and wasn’t too far short of the S&P 500’s for the last 33 years. Looking at Morningstar financial data on US Steel, from 2013 to 2023, 4 of the last 10 years have seen substanti...

2023-09-07 01:55:00 ET Summary The current catchphrase in the markets is “The Magnificent Seven,” referring to the seven stocks that have dominated year-to-date (YTD) market performance. The MegaCap-8 stocks collectively are trading at a frothy 27.4 times 12-month fo...

2023-09-07 00:45:00 ET Summary Are central banks at a crossroads on rates? Why there may be more options for income currently. Are markets being too optimistic about the economy? Even as signs of economic weakness emerge, central banks are pledging to stay th...

2023-09-06 20:15:00 ET Summary Price action of US equities has been flipped from Tuesday with large caps suffering larger losses than small caps. Looking at yesterday, the decline in the Russell 2,000 (-2.1%) dwarfed the S&P 500’s (-0.4%). or the small cap Russell 2...

2023-09-06 13:45:00 ET Summary September and October are infamous for major bouts of volatility striking markets. Identifying the possible catalysts for volatility is the first step to staying ahead of it. Our team also spotted unusual activity in the embattled Real Estate sec...

2023-09-05 12:55:00 ET Summary The S&P 500 had one of its best weeks of 2023. The index closed the trading week ending on 1 September, 2023 at 4515.77, which was up 2.5% from the previous week's close. Assessment of a softening job market was reinforced with 1 September 2023's...

2023-09-05 09:10:00 ET Summary Mega-cap stocks continue to dominate the market in 2023. The bifurcation between the top 10 companies, as measured by market capitalization, and the other 490 stocks in the index has created an illusion of market bullishness. As investors change ...

2023-09-05 01:20:00 ET Summary The revision to Q2 GDP last week showed that real GDP rose by 2.1% annualized while the GDP deflator (a measure of inflation) rose 2% annualized. Personal consumption rose in July by 0.8%, outstripping the gain in personal income (+0.2%) and well in ...

2023-09-04 04:57:00 ET Summary The Services PMI still matters given it’s over 50.0, and unit labor cost data will get a look, as will jobless claims, but the CPI data the following week of September 11th, ’23 is the next important inflation/economic metric. DocuSign,...