CATH News and Press, Global X S&P 500 Catholic Values Custom ETF From 05/07/23

2023-05-07 04:05:00 ET Summary Whenever the dominant investment narrative shifts, asset correlations tend to change as well. Conditions shifted abruptly with the Silicon Valley Bank failure. Suddenly, inflation seemed less of a threat and investor fears pivoted back towards recess...

2023-05-04 02:44:00 ET Summary 2023 has smashed all previous U.S. large-cap stock-market extremes including those of 2021 and 2022. Regardless of whether there is a soft landing or not, current valuations especially for the largest U.S. stocks aren't compatible with contracting ec...

2023-05-02 02:20:00 ET Summary Better-than-expected results in big tech lifts S&P 500 EPS growth for Q1 2023, now set to come in at -3.7%. Potential earnings surprises this week: Marriott International. Names to watch during the second peak week: AAPL, SBUX, BUD, AMD, UBER...

2023-05-02 01:25:00 ET Summary Interest rates continue to drive markets, with central banks walking a fine line between taming inflation and avoiding recession. The Fed isn’t quite finished with the tightening cycle yet, even as the market remains optimistic that rates will...

2023-05-01 11:20:00 ET Summary After the gradual erosion in S&P 500 EPS and revenue “upside surprises” in 2022, Q1 ’23 is breaking the trend and EPS has come in much stronger than expected. If you simply watched “price action” you’d th...

2023-05-01 09:02:00 ET Summary The S&P 500 ended the week at 4169.48, rising 0.9% over its previous week's close. The CME Group's FedWatch Tool anticipates the Fed will hike the Federal Funds Rate by a quarter point to a target range of 5.00-5.25% at its upcoming meeting on 3 ...

2023-04-29 04:00:00 ET Summary The S&P 500 EPS upside surprise rate is way strong in Q1 ’23. There is only one sector that isn’t beating the estimates and that’s Real Estate with a -0.9% downside surprise rate. No question the bearish expectations head...

2023-04-29 02:20:00 ET Summary The problem with “conviction” is that it leads to various behavioral biases that interfere with portfolio returns over longer-term time horizons. The problem with having a strong “conviction” about some economic, political...

2023-04-27 03:11:54 ET Summary The historical record shows U.S. stock market performance following recessions hasn't always been bad. In fact, U.S. stocks have often done quite well soon after the onset of recessions. If the current time period ends up being classified as a re...

2023-04-26 22:55:00 ET Summary After taking a back seat to various flavors of small-cap and value factors earlier in 2023, the large-company growth risk factor is again leading the horse race, based on year-to-date returns for a set of ETF proxies through yesterday’s close (Apr...