CATH News and Press, Global X S&P 500 Catholic Values Custom ETF From 07/19/23

2023-07-19 06:36:00 ET Summary Nasdaq’s plan to reconfigure the weights of its constituents should prompt investors to think about the broader concentration risks in US equity markets, particularly in passive portfolios. Concentration risks extend beyond Nasdaq. The broader...

2023-07-17 13:15:00 ET Summary The global custodial banks like State Street, Bank of New York Mellon, and Northern Trust don’t look very healthy. The interesting part to the 2023 S&P 500 EPS data is that 2023 is now expecting 0-1% EPS growth for 2023. We could defin...

2023-06-30 12:00:40 ET Global X S&P 500 Catholic Values ETF ( NASDAQ: CATH ) - $0.2672 . Payable Jul 10; for shareholders of record Jun 30; ex-div Jun 29. For further details see: Global X S&P 500 Catholic Values ETF declares semi-annual distribution of $...

2023-06-26 21:42:00 ET Summary The bedrock of the asset allocation process is to create strategic allocations that work over the longer term, while then modifying those positions in response to the market realities. Some of what we have seen during 2023 has been due to exuberance ...

2023-06-26 13:22:00 ET Summary The S&P 500 (SPX) receded during the trading week ending 23 June 2023. The index closed the week at 4348.33, down almost 1.4% from the previous week’s closing value. The news of the week was relatively quiet outside of items involving...

2023-06-26 12:25:00 ET Summary The market took a well-deserved rest last week after hitting a 2023 high on June 15th. The S&P 500 finished Thursday, June 15 at its highest level in 14 months. The index is up 13.3% year to date and is 9.3% below its record-high close on January...

2023-06-22 02:27:00 ET Summary The exit from a decade of very low interest rates, via the most aggressive hiking cycle since 1980 has laid bare the distorted financing incentives that became entrenched in the years between the Global Financial Crisis in 2008 and the end of pandemic-er...

2023-06-20 11:03:00 ET Summary The trading week ending on Friday, June 16, 2023, saw the S&P 500 surge to 4409.59, up 2.6% from the previous week's close. The developing expectation is that the Fed will hold rates steady for several months after its next rate hikes, after whic...

2023-06-19 06:05:00 ET Summary The S&P 500 earnings yield has fallen to 5.1% and hasn’t been this low in 15 months. The good news is that the S&P 500 rose 2.5% last week. The Bloomberg corporate high-yield index shows that that asset class was up 5.31% as of Fri...

2023-06-19 03:40:00 ET Summary On March 31st, 2023, the S&P 500 was priced to return 2.41%/year over the next ten years. I don’t think AI will permanently increase productivity. The system should adjust and things should remain mostly the same. The estimated rate of...