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

The US economy added 431,000 jobs in March, which was about in line with expectations when accounting for previous months being revised upward. The economic damage from the coronavirus pandemic has mostly healed, with the unemployment rate low and the labor force participation rate ne...

We see the West’s drive for energy security slowing growth, increasing inflation and stoking demand for non-Russian fossil fuels to alleviate consumer pain. Data last week showed U.S. inflation at 40-year highs and a robust labor market. We expect the Fed to deliver on this yea...

The expected risk premium for the Global Market Index ticked slightly higher in March to an annualized 5.8% pace, fractionally above last month’s estimate. Using short-term momentum and medium-term mean-reversion market factors (defined below) to adjust the forecast trims GMI&#...

The stock market and the bond market are not the same. Stock prices work differently than bond yields. Stock prices have risen because the expectations for the change in the growth rate of dividends for the S&P 500 is much more positive than it is for 2022-Q2. For furthe...

This is a presentation of my general theories of market analysis culled from my articles and presentations throughout the years. Clearly, I'm a big believer in market sentiment as a primary driver for market direction. I outline my views of a recession at the end of this article. ...

Many see the large jump in 2021 earnings and extrapolate those gains further into 2022. However, if one looks at the growth rate from 2018 through 2022, it is far lower than prior growth rates. We are currently seeing materially lower earnings projections and planned tax increases tha...

The March 2022 headline unemployment rate ticked down to 3.6 percent, just a tad higher than the 3.5 percent rate in February 2020, right before the pandemic hit. That 3.5 percent, in turn, was the lowest level in more than 50 years. The payroll gains number, which economists tend to ...

The 10/2 spread is one point on the Treasury yield curve which is positively sloped from 1 month to 3 years, negatively sloped from 3 years to 10 years, and positively sloped again from 10 out to 30 years. The dollar is still near the top of its long-term range and I don’t see ...

The “forward 4-quarter” S&P 500 EPS estimate is still one of the best indicators the Street has. The forward 4-quarter estimate this week is $227.46 vs last week's $227.28. The S&P 500 needs a year where it’s flat to +10% and the 'megacap' outperforman...

Short-term interest rates are rising as the Fed begins to apply the brakes. With the loss of LIBOR indexing, the credit markets are unstable and ill-prepared for the likely increase in financial risks. Retail investors could better support financial markets if they had direct acce...