DMRL News and Press, DeltaShares S&P 500 Managed Risk ETF From 02/04/22

During Refinitiv Lipper’s fund-flows week ended February 2, 2022, investors were overall net redeemers of fund assets for the third week in four, withdrawing a net $34.6 billion. At the close of Refinitiv Lipper’s fund-flows week, U.S. broad-based equity indices recorded...

Job Openings series is a market psychology indicator. While Retail Sales, Employment, Vehicle Sales, etc. are hard counts, market prices and Job Openings are market perceptions of future outcomes. The fact that Job Openings have spiked to record highs in recent months indicates demand...

Manufacturing new orders also ticked down in January and have weakened noticeably since March 2021. Backlogs of orders in the services sector likely grew again in January though the pace may have slowed. The manufacturing prices paid index rose in January after falling sharply in ...

Initial claims for regular state unemployment insurance decreased by 23,000 for the week ending January 29, coming in at 238,000. Continuing claims in all federal programs totaled just 71,155 for the week ending January 15, a drop of 9,744. Despite some volatility over the last fe...

We believe that the CPI has flaws in estimating the inflation rate. The Phillips Curve helps us to understand only the past. Financial markets seem to have overreacted in their fear of the Fed. For further details see: Phillips Curves And The Fed

We are emerging from a period of unprecedented fiscal and monetary stimulus which flooded the markets with liquidity. Now this liquidity is slowly being withdrawn, as the Fed seeks to combat inflation. As we move from a period of low inflation and excess liquidity to one with modest o...

They expect yields to rise, as the big central banks pivot from buying around US$3.5 trillion of bonds per year, to around half a trillion dollars this year. They remain constructive on equity markets in general. Short term, the market is most concerned about inflation and wage gr...

Despite the strong two-day rally to finish the month, January was the worst start to the year for the Nasdaq (down 19% peak to trough) since 2008. As a result, you might have thought that the decline would have made some progress in normalizing valuations but you would have been wrong...

The markets and the eight-figure Wall Street sell-side economists all believe that the Fed is about to embark upon an aggressive course of rate hikes. A total of seven rate hikes would place the Fed funds (overnight) in a range of 1.75-2.00%. The Fed is promising to start hiking t...

Markets have been blissfully ignoring the threat of monetary policy tightening, until now. Global equities are down 5-to-10% month-to-date in January, and the yield curve is flatter. What comes next? This week has been dominated by a discussion market participants will be familiar wit...