BFTR News and Press, BLACKROCK ETF TRUS From 10/05/23

2023-10-05 22:45:00 ET Summary S&P 500 earnings kick off with the big banks and financials starting to report next week, with Friday, October 13th, ’23 being the day 4 to 5 bigger financials report. 9 of the 11 sectors for the S&P 500 saw positive revisions to expec...

2023-10-04 22:55:00 ET Summary The strike against the Big Three US automakers by the UAW and the Fed’s stating that it will be tighter for longer were all bad news items in the past month. It was a terrible month for financial assets, with big drops in broad equity indices ...

2023-10-04 04:38:00 ET Summary Another Federal Reserve meeting came and went, and policymakers opted to skip a rate hike. Contrary to public discussion, and although we have seen an improvement from its peak, inflation is not under control. As inflation, the Fed, and interest ...

2023-10-03 22:55:00 ET Summary Since January 1, 2000, through September 30 ’23, the S&P 500 has returned 6.61%, which is below average, if we looked at arithmetic returns for the S&P 500 since 1970. What should give readers pause is the annual returns for the S&...

2023-10-03 03:35:00 ET Summary September featured rising stock market volatility and wild action in yields, commodities, and currencies. Two preliminary earnings announcements flew under the radar. Nucor and US Steel voiced differing messages on the state of cyclical steel dem...

2023-10-02 22:45:00 ET Summary The high in 10-year Treasury yields last week was 4.688% on no significant bad news for bonds. In the end, this selloff in both bonds and stocks could very well be attributed to the Federal Reserve as one of the major drivers. The present pace of...

2023-10-02 19:20:00 ET Summary The S&P 500 dropped 0.7% from its previous week's close to end the third calendar quarter of 2023 at 4288.05. The main reason the market fell during the final week of 2023-Q3 is the developing consensus the Federal Reserve will hold interest rate...

2023-09-30 10:29:39 ET Summary The Treasury market is leading the equity market, with the long-term yield rising to its highest level in 16 years. The stock market is being influenced by the Treasury market, therefore, investors should pay more attention to bond market movements. ...

2023-09-29 19:50:00 ET Summary Today, the last trading day of September ’23 and the 3rd quarter, and given the tough August and September, the S&P 500 earnings yield has jumped to 5.43%, a level not seen since mid-May ’23. The expected 4th quarter ’23 S&am...

2023-09-28 13:30:00 ET Summary The history of the yield curve shows that it rises prior to rises in equity indices. The interpretation requires looking at the pricing and the impact of individual issues in the S&P 500. Energy, commodity and industrial issues have been risi...