CHGX News and Press, Change Finance U.S. Large Cap Fossil Fuel Free From 11/29/20

Record retail participation in the stock market indicates euphoria. Goldman Sachs stated that U.S. equity markets are valued at 92% across aggregated valuation methods. High debt and unemployment, low economic growth, and rising costs have created a stagflation trap similar to the...

Despite three consecutive Monday announcements of "potential vaccines," an agreement by President Trump to allow the "Biden Transition" to begin, and a holiday-shortened trading week that left the "inmates in charge of the asylum," the market hasn't done much with it. Unfortunately, a...

Traditionally, large trade deficits are evidence of loose monetary conditions and resulting unsustainable spending patterns. No doubt about it, this crisis period is unique. More than three trillion worth of Fed liquidity injections coupled with a more than three trillion fiscal defic...

December may normally be associated with everything slowing down as we ease our way into the festive period, but as with everything else in 2020, this is no normal December. Donald Trump is continuing to fight the election result and is going out swinging, Brexit talks are somehow sti...

With US elections over and a vaccine in sight, financial market uncertainty has declined. Rotation has seen a resurgence in those stocks battered by the onset of the pandemic. Monetary and fiscal spending will continue until inflation returns. For further details see: Re...

U.S. stocks are currently running hot, valuations are pricey, and downside risks abound. The S&P 500 is currently overdue for a near-term pullback of as much as -10% or more. The ongoing torrent of Fed liquidity should limit the length and magnitude of any downside move in sto...

This week, the government released the second estimate of third-quarter U.S. GDP at 33.1% growth at an annual rate, unchanged from the earlier advanced estimate. This is a sharp snapback from the second quarter's 31.4% contraction, as a result of the virus-mandated economic shutdown a...

With US equity markets closed for Thanksgiving, the US dollar index (DXY) continues to hover around the $92 long-term support level this morning - its lowest point since May 2018. US stocks win the mania-pricing prize to be sure, but in fairness, equities globally have seen record-bre...

While "post-COVID-19" names have surged in recent weeks, big tech remained largely subdued. Rotation out of technology into beaten-down sectors like financials, energy, and others had left the Nasdaq in a tight trading range for weeks. However, the top 5 companies in the S&P 5...

December could turn on potential vaccine approvals and the beginning of distribution. Holiday shopping also expected to be in focus as surveys disagree on spending mood. Payrolls watch is on after several months of slowing growth and recent weak data. For further details see...