DMRL News and Press, DeltaShares S&P 500 Managed Risk ETF From 03/08/22

The spread between the 2- and 10-year Treasury yields has collapsed 40 basis points over the past month. The flattening of the curve has many worried a recession is on the horizon. This flattening is more a function of a flight to safety than a fear of economic contraction. I ...

We’ve noted over the past two months that the pace of US economic activity is set to slow markedly during the first half of this year. Note that a sign of the downward pressure on economic activity resulting from high inflation is the decline in ‘real’ wages. ...

At the beginning of this year, few Wall Street analysts expected substantially weaker economic growth in 2022. Already, we see a contraction in manufacturing activity as demand slows. The most significant risk to earnings, and the eventual earning reversion, is the reversal of liq...

The pandemic is just one long-term consideration for economies as the world adjusts to several new phases. Short-term risks are elevated, but a focus on interactions between major long-term risks could prove critical for market participants. Demographic patterns change slowly, but...

Parabolic prices are usually the prelude to significant price declines. The New York Stock Exchange Advance Decline line  may have delivered a bullish technical divergence. Barring extraordinary circumstances, the Fed will stick to the slow and steady plan for raising rates u...

In terms of stock prices, we are in a decline. Until it is finished, we won’t know if the decline is just a trading event, a correction, or a bear market. Using the most popular market indices, the picture is muddled, with the NASDAQ Composite well into the correction phase, dr...

The market action has been very very slow. That's probably because it's in transition to the reality that the Fed stopped buying - only last week. What launched this market has ended and now the news has changed. For further details see: Fake-Out Stock Market In Transiti...

Friday’s payroll report reflects a very strong U.S. economy. Wage growth and surplus savings are buttressing our economy from the spike in commodity prices. Risks will grow depending on how long the conflict-driven price increases last. The decline in earnings estimates...

The 'Upside Surprise' percentages for S&P 500 EPS estimates were unusually large. The S&P 500 earnings yield is now 5.21% vs. last week’s 5.15%. Ukraine has complicated everything in terms of portfolio construction and portfolio rebalancing. For further detail...

Almost every commodity rose in prices last week, as did the dollar. Those two factors - rising dollar and rising commodity prices - mean the likelihood of recession in the coming year has risen significantly in just the last week. There was considerable volatility in stocks last week,...