EFIV News and Press, SPDR S&P 500 ESG From 03/04/23

Summary Stronger economic indicators released over the past month suggest that the economy started the year off solidly with no recession in the near term. After a couple of weak months, consumer spending jumped for January. Continued modestly above-trend economic growth is occurrin...

Summary The beginning of the year always offers a chance to catch up with a broad range of clients who are in the mode of thinking about the big picture outlook: pension funds, insurers, consultants and sovereign wealth funds across Australia, Asia, Europe and North America. This note r...

Summary Fourth-quarter results showed consumers balked at higher prices. Together, Google, Amazon, and Microsoft command roughly three-quarters of the cloud market and we find the soft results for all three to be a potential canary in the coal mine for the economy. We expect the foc...

Summary The good news is that rising inflation does not necessarily mean the end of the bull market. The S&P 500 is currently valued at nearly 19x 2023 earnings. Stocks can go higher but in near-term, particularly when it comes to lower quality, volatile names. By Ru...

Summary Entrepreneurs, the business world’s dream makers, see many opportunities and needs from a consumer’s lens then imagine and manifest solutions. Black and African American entrepreneurs start businesses more than any other US community. We all benefit when we eli...

Summary The S&P 500 always offers two things at the same time: the chance to make a positive return, and the risk of loss - sometimes major loss. A while back, I created something called the S&P X-Ray, which shows my expected trading ranges over the coming weeks, months and year...

Summary The prospect of higher U.S. interest rates continues to loom large over the markets. The US is in the late stage of the economic cycle. What to expect in a late-stage economy. The prospect of higher U.S. interest rates continues to loom large over the marke...

Summary The S&P 500 (SPX) lost nearly 2.7% of its value during the Presidents' Day holiday-shortened trading week ending on Friday, 24 February 2023. The index closed the week at 3970.04. The Atlanta Fed's GDPNow tool's projection for real GDP growth in the first quarter of 2023...

Summary The S&P 500 has fallen in each of the last three weeks, down just over -4%. Since the market low in October, the S&P 500 Index does remain higher by 11.2%. Incorporating market technicals tends to be helpful in that a wide range of trading activity, including compute...

Summary Once upon a time, dividends played a starring role in equity markets—until 14 years of easy money whetted investors’ appetite for risk and created a massive tailwind for unprofitable, long-duration growth stocks. Valuations appear to be attractive: Stocks yielding ...