CATH News and Press, Global X S&P 500 Catholic Values Custom ETF From 03/28/23

2023-03-28 04:55:00 ET Summary The S&P 500 earnings yield is 5.57% vs last week’s 5.66% and as of 12.31.22, 5.81%. Obviously, we are most interested in what’s happened since March 6, 2023, or around the collapse of Silicon Valley Bank, and as readers can see, the...

2023-03-28 03:45:00 ET Summary The S&P 500 climbed 1.4% from the previous week's close to wrap up the trading week ending Friday, 24 March 2023 at 3970.99. During the week, dividend futures rebounded from the previous week's low for the quarter. With the increased focus on...

2023-03-28 03:28:00 ET Summary 14 constituents in the S&P 500 have been impacted by a GICS Classification change which was originally announced in December 2022. Financials saw the largest change, with 8 of these constituents move from Information Technology into Financials. ...

2023-03-27 11:00:00 ET Summary We hear about an imminent market crash weekly in articles all over the internet. I do not see a clear setup for this to occur... yet. I still think we can get one more rally before a "crash" may develop. Week after week many of you are ...

2023-03-27 09:20:00 ET Summary While the final Q4 ’22 GDP estimate and the GDP deflator will get a lot of lip service, the big data point this week will be Friday’s PCE deflator data for February ’23. While Jay Powell is saying the Fed funds rate reductions ar...

2023-03-27 06:25:00 ET Summary The S&P 500’s forward four-quarter estimate has been deteriorating slowly since July 1 ’22, but has not dropped off a cliff so to speak. The technology sector is showing relative strength, while forward earnings look flat at best as...

2023-03-24 23:53:00 ET Summary Although the S&P 500 is up 2.84% on the year as of yesterday’s close, only three of the eleven sectors are higher. Consumer Discretionary posted the smallest gain of 10%; Technology and Communication Services have risen 17.2% and 18.1%, re...

2023-03-24 03:00:00 ET Summary We remain selective in taking risk as macro factors continue to drive sentiment. Despite the uncertainties, investors should not lose sight of equities’ enduring role in a well-balanced portfolio. We advocate a near-term focus on resilienc...

2023-03-23 06:28:00 ET Summary In a closely watched decision, the Fed lifted its benchmark lending rate by 25 basis points to a range of 4.75% to 5% at the conclusion of its March policy meeting. We almost always know what the Fed is going to do on announcement day because the dat...

2023-03-22 17:02:00 ET Summary The economic data renaissance combined with the threat of financial sector instability leaves central banks with difficult choices. Strong household and corporate finances are likely to limit the downturn to a mild recession. The Fed faces a daun...