BBSC News and Press, JPMorgan BetaBuilders U.S. Small Cap Equity ETF From 12/08/22

Summary Initial claims for regular state unemployment insurance rose by 4,000 for the week ending December 3rd, coming in at 230,000. Weekly initial claims have risen in seven of the last twelve weeks. Job cut announcements jumped to 76,835 in November versus 33,843 in October, the ...

Summary All news is bad news, as it seems like everyone wants to see a recession next year. While the yield curve inversion is a clear warning sign, it's not being accompanied by other important ingredients to an economic contraction. Sentiment is so horrible that the consensus is c...

Summary November 2022 marks the second consecutive month in which U.S. teen employment was up, but Age 20+ employment was reported down. According to the seasonally-adjusted data, November 2022 saw 43,000 more 16-to-17 year olds successfully gain employment, while the number of working ...

Summary Today, the yield curve is more inverted than at any time since the early 1980s, so many are saying that means the chances of a recession are pretty high. Yes, today the curve is very inverted, but real yields are not particularly high. Low spreads suggest the market is relat...

Summary With all the recent optimism, the S&P 500 has hit a high around 4,100, and the VIX has come down to the 18-20 range. Unfortunately, this 18-20 level in the VIX is the range that bear market rallies die out at in this market. Also, the Fed's rate hike in about a week will...

Summary Market sentiment is shifting to a classic risk-off mode. Falling rates, a falling dollar, and falling oil suggest global growth concerns. This will have negative impacts on stocks as the fall rally comes to an end. Reality is setting in for the equity market as the fal...

Summary This would be the most highly anticipated recession on record, if it comes to pass next year. Yet the stock market has been resilient in the face of all the doom and gloom. We're currently resolving a short-term overbought condition in the S&P 500. The real test will...

Summary After some early weakness, US stocks padded their fall rally last month. Materials led the S&P 500 last month, while the consumer discretionary and energy sectors trailed the market. Amid a weakening US dollar, global stock benchmarks outperformed the US by a wide margin...

Summary Stocks are overbought and overvalued relative to bonds. Over the next year or so, the macro and liquidity environment suggest bonds will fare significantly better than stocks. The growth cycle is a headwind for stocks, but a tailwind for bonds. Institutions will continue to ...

Summary The S&P 500 (SPX) rallied nicely on the heels of what the market took as “dovish” comments from Fed Chair Powell on 11/30/22. The wrinkle in the fabric is that most of the gains are resulting from short covering, not real buyers, at least in the major indexes. ...