CHGX News and Press, Change Finance U.S. Large Cap Fossil Fuel Free From 01/23/21

2021: A bumpy road to recovery. Early cycle conditions supportive of risk assets. Opportunities from earnings expansion in 2021 and 2022. For further details see: 2021: A New Year, New U.S. President, New Optimism For Markets

Last week, the 10-year Treasury bond yield continued to rise, as last Tuesday's bond auction had a lackluster bid-to-cover ratio of 2.47. This means that the Fed is going to have to do more quantitative easing or the federal government is going to have to curtail its spending. The Fed...

A bipolar U.S.-China world order is at the center of the rewiring of globalization. We believe investors need exposures to both poles of global growth. U.S. stocks eased from record highs. President-elect Joe Biden introduced a $1.9-trillion spending plan. Markets will focus on tw...

The state of the stock market, bond market and interest rates. Relative Strength investing and investing in the " playoff teams". Post-election year seasonality and what to pay attention to in 2021. For further details see: 2021 Market Outlook - The Fed, Stimulus, Season...

At the halfway point of January, the market has struggled to hold onto its gains. With another $2.8 trillion in stimulus hitting the economy, inducing the Fed to do more QE, markets were seemingly unimpressed. As we will discuss, there is ample evidence that "everyone is currently...

Historically, we look at investments as a matter of "Relative Value." However, there are times, such as we are in now, when "Absolute Value" is the motivating force. If you consider bonds, these days, the focus is on Treasuries as the benchmark for risk-driven assets. It is certainly ...

The federal deficit for the first quarter of the new fiscal year was reported at $573 billion, up 61% y-o-y. Washington borrowed 45 cents of every dollar spent during the quarter. It can be called "Financial Dominance" or the layperson's "trapped," but markets operate today with high ...

Last week's data had a touch of good economic news and a strong start to earnings season. There is a light calendar and a holiday-shortened week, but some important earnings reports. Attention will remain focused on the Presidential transition and progress on vaccine distribution....

Fed chairman stresses continuance of asset-purchasing program. Details of Biden’s proposed $1.9 trillion stimulus package. Rotation toward value stocks continues. For further details see: No Taper, No Tantrum: Powell Alleviates Worries Of Scale-Back In Quantitativ...

Earnings season is under way and will become an increasing focus in the coming weeks. New variants of Covid-19 are causing major surges across many countries which is forcing more severe and extended restrictions. Corporate America got a pass last year, but companies may be punish...