DUSA News and Press, Davis Select U.S. Equity ETF From 03/25/21

Risk assets - A rising tide lifts all boats. Insatiable demand meets cheap money. The rise in NFT: Bubble or new asset class? For further details see: The 'Everything Rally': Insatiable Demand Meets Cheap Money

There is some Covid angst in the air again, though it's not permanent, we feel. The pull from the eurozone is pertinent. Even in the US there is pause for thought. There is room here for debate on the curve shape. Near-term 5yr/10yr flattening now. Structural 10yr/30yr flattening ...

The scars of 1987, 2000, 2008 and last year are seared into our consciousness for the traumatic losses they brought. Is another crash coming? Which is more rewarding in the long run - totally avoiding each and every one of those market meltdowns, or risking missing out on the market m...

We still favor above-benchmark strategic allocations to China exposures, and see the recent weakness in Chinese markets offering an attractive entry point. The Federal Reserve made clear its commitment to be well "behind the curve" on inflation and wait to see it to materialize. I...

We spoke with Strategas Chief Investment Strategist Jason Trennert on why his team is bullish on the market despite recent volatility and key unknowns like interest rates, inflation, and tax policy. Trennert says they are not overly worried about long-term rates, especially when they&...

U.S. Fed holds rates steady and reiterates no rate hikes through 2023. Colbourne: We're in a new Fed framework of Average Inflation Targeting (AIT). Colbourne: Expect to continue to see the U.S. dollar weaker particularly against the Canadian dollar. For further details see:...

Rising bond yields are creating uncertainty around equity valuations. The increase in VIX appears to be more contained versus previous market shocks but is masking violent rotation happening underneath. Xu: Active management is crucial in this part of the cycle. For further ...

One year ago today, on Monday, March 16, 2020, the Dow Jones Industrials fell by a record 3,000 points on a record-high 82.7 VIX reading. The market's nadir came on Monday, March 23. In just under a year, ending last Friday, the Dow and S&P 500 rose over 80%, while Nasdaq is up 11...

Most of the selling pressure in the popular NASDAQ names and the hot Chinese ADRs can be traced to "thematic investing" ETFs that specialize in "disruptive technologies". This is not the first time that the ETF industry has inflated or deflated the price of hot stocks. However, as lon...

We lay out three reasons why we see a strong economic restart, rather than a normal recovery, and believe markets still underappreciate its size and speed. U.S. Treasury yields hit 13-month highs. We see the recent rise in real yields as justified given the growth outlook and remain t...