DMRL News and Press, DeltaShares S&P 500 Managed Risk ETF From 12/07/21

The arrival of Omicron seems to have had two relatively predictable effects on financial markets. The long bond has rallied and the yield curve has flattened. As regards equities, the P/E multiple on the S&P 500 is no longer rising; it is, in fact, contracting slightly, as is ...

I recently showed you a historically overvalued market that was long-term overbought and running on leverage. Now, MACD is showing extreme readings that indicate a correction is imminent and it could be epic. On the liquidity front, the M2 money supply is plunging. If you "bel...

Historically, viruses tend to mutate and become less deadly over time. Consumers are buying again, so I still expect this holiday shopping season to set all-time records. The good news was that the October and September payroll reports were revised up to 546,000 and 379,000. ...

Algorithms dominate short-term trading and use as inputs $WTI(oil prices), interest rates and the exchange rate of the US$ vs global currencies. Prices do reflect fundamentals over the long term simply because economic reality eventually is the basis of market psychology. Markets ...

Missing from the policy discussion was what the FOMC might do in the face of increased uncertainty. Even with a strongly growing economy, the jobs situation is inconsistent. The challenges are many and options few. For further details see: Uncertainty

Most of the consensus trades for 2021 failed in the second half of the year, and we think understanding why could be critical to unlocking the rest of this unique cycle. In our view, that disconnect can be described in three words: real interest rates. At a deeper level, we are talkin...

The S&P 500 continued to experience a series of small Lévy flight events as the index see-sawed back and forth during the first week of December 2021. The alternative futures chart shows that heightened volatility, which came as the onset of new information prompted investors...

Our key lessons of 2021: Stay anchored to your framework in the unique restart; appreciate the net-zero journey has started; and have courage of conviction. Markets switched to risk-off mode last week as the Omicron virus strain spread globally and the Fed warned of inflation risks an...

Households reported that the number of working people soared by 1.14 million in November from October, and by 2.02 million over the past three months, to 155.2 million people who are working. Employers reported that they added only 210,000 jobs in November, and 1.13 million over the p...

The US rebound from the Q3 slowdown is in full bloom. The economy certainly looks like it is on solid ground right now. So, why in the world are bonds rallying? The 10-year Treasury yield fell 10 basis points on Friday after the payroll report. The movements in bond markets today ...