DWMC News and Press, AdvisorShares Dorsey Wright Micro-Cap ETF From 09/02/22

Summary A modestly weaker jobs report is reviving risk asset prices. Investors sense that this reduces the chance of a larger increase in short-term rates at the next Fed meeting. Yet, jobs are not the enemy in our battle against inflation. We need a strong labor market an...

Summary Stocks retreated in the second half of August, with all major indexes losing ground for the month. The energy sector was the strongest corner of the S&P 500 in August. On the global stage, emerging markets outperformed developed markets. A hot summer rall...

Summary After gorging on +9% gains in the stock market (S&P 500 index) during July, investors suffered some heartburn pain in August (-4%). The indigestion really kicked in after Federal Reserve Chairman, Jerome Powell, gave a frank and candid outlook during his annual monetar...

Summary The slowdown we’ve seen lately is really a flatlining as goods consumption corrects down to trend and services corrects up to trend. ISM released its Manufacturing PMI for August and the report was just about as perfect as you could ask for. Stocks and bonds bot...

Summary Before the Great Financial Crisis of 2008-09, savers could easily invest in perfectly safe GICs, bonds and savings accounts with interest rates over 4%. The low rate revolution became a war on savers that lasted the better part of twelve years. The yield on the five-ye...

Summary In the wake of Jackson Hole and more hawkish than previously expected Fedspeak, the S&P 500 is on pace for its worst week since June. Bearish sentiment’s eight percentage point week-over-week increase was the largest since mid-June and the third weekly increase ...

Summary The market’s trend (based on the S&P 500 Index) has remained negatively skewed all along. The renewed slide in the stock market implies that the expected return for a relatively long holding period has popped. The recent downturn in market prices has taken s...

Summary Political Calculations' initial estimate of median household income in July 2022 is $78,532, an increase of $651 (or 0.84%) from the initial estimate of $77,881 in June 2022. July 2022 saw the typical American household gain positive traction with respect to inflation for ...

Summary Companies with enduring pricing power have the potential to perform well in the current environment. When stagflation strikes, companies with true pricing power have tended to perform well. Recent earnings reports are weeding out those that can preserve their profitabi...

Summary Only a few market events in an investor’s career really matter, and among the most important of all are superbubbles. These superbubbles are events unlike any others: while there are only a few in history for investors to study, they have clear features in common. ...