DMRL News and Press, DeltaShares S&P 500 Managed Risk ETF From 12/05/21

There were all kinds of good news in the August payroll report. The Bureau of Labor Statistics would publish an acceleration in headline numbers, just about every one of them. Insofar as the labor market may be concerned, Atlanta’s boss was rather incoherent or, most charitably...

When we say the market is close to its all-time high, we really mean that a small number of companies have been doing the heavy lifting, while many more companies are actually not doing well at all. The Dow closed down 461 points this past Wednesday. But that point loss was relative t...

There still is a bias in the currency market of talking about the Japanese yen or Swiss franc as safe-havens. The Federal Reserve meets in mid-March 2022, and if the Fed would finish its tapering that month, it could ostensibly raise rates at its next meeting, which is on May 4. E...

While the media is running around trying to pin headlines on the market moves from the Fed to the Omicron variant, the reality is that we are in the midst of mutual fund distribution season. In the short term, selling pressure is starting to peak, and downside risk got reduced given t...

The current pullback may have begun sooner than I had initially expected. Depending on the next "bounce" in the SPX, I may have to revise my pullback target. I am still expecting a very bullish year in 2022. For further details see: Sentiment Speaks: I Expect 15-20% Retu...

Inflation vs. deflation – while headlines get filled with “inflation” concerns, historical data shows “deflation” remains a threat. Currently, the mainstream consensus has latched on the sharp increase in the money supply because a permanent shift to...

If we are looking at the CPI, what we see is that many components hit high rates of inflation. Projecting high wage growth on a multi-year horizon appears to be reliant on the premise that firms and workers cannot adapt to the realities of a world with COVID-19. Admittedly, high o...

The manufacturing and service sectors are strong. Parts of the labor market are soft, likely due to virus concerns. The markets are moving lower, but it's doubtful this is a sell-off in anticipation of a recession. It's most likely simple profit-taking. For further deta...

The past week has been dominated by Omicron news as we all try to piece together the limited information we have and determine what it all means for the coming months. The RBA and BoC both hold meetings next week and will likely be armed with little more information than OPEC+ had on ...

The market environment has entered a new phase compared to the early part of the pandemic. While Omicron and surging Covid cases make headlines, cracks are appearing in the macro outlook with slowing growth. The tech sector is particularly exposed to a weaker outlook against lofty...