ESGL News and Press, Invesco ESG Revenue ETF Invesco Exchange-Traded Fund Trust II From 01/19/20

The global economy has been held hostage by trade conflicts, but times may be a changin': China/U.S. signed Phase 1 of a trade deal last week; the Senate ratified the USMCA moving it to the President's desk for signature; the EU is moving to avoid a major trade conflict with the U.S. over our ...

The economic calendar is one of the lightest we will see in 2020, and we have a holiday-shortened week. Economic data will not be the main story. The news will be filled with Impeachment updates, but that is not a focal point for investors. For us there are 144 earnings reports from S&P 50...

Since hindsight is 2020, I thought it might be useful now that we are far past the time in 2018 when I called the fall of the US housing market to assess where its journey went during the year and a half that has gone by before I venture a housing market prediction for 2020. There is no sens...

The history of bank lending versus deposits shows a gradual increase from under 70% (bank reserves 30%+) to a 1990 peak of 89%, which then pulled back to ~80% with the scare of the financial crash in 1987. As the next cycle began, Congress passed the Community Reinvestment Act 1995 to force ba...

Let's take a more detailed look at last Friday's December jobs report. First, as usual for the past few months, let's look at the more leading jobs sectors. This month, let's also take a more detailed look at wage growth and why it may have suddenly decelerated. As an initial note, revisio...

In this past weekend's newsletter, we discussed the exceedingly deviated price, and overbought conditions, not to mention valuations, as key reasons why we slightly reduced risk in our portfolios. "On Friday, we began the orderly process of reducing exposure in our portfolios to t...

Economic Composite I updated my economic composite to reflect the release of the U.S. Labor Department's employment report on January 10. The report showed a rise in nonfarm employment of 145,000 in December. The number was a little light of the consensus estimate of 160,000. Temp employme...

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Financials start the Q4 '19 earnings season this week, which is typical each quarter, as Financials start reporting and mostly finish reporting before the rest of the S&P 500 does their quarterly duty. The other interesting (and mostly irrelevant) fact about Financials is that there are ...

Editor's note: This article was originally published on January 11, 2020, by Menzie Chinn here . Yesterday's employment release indicated a deceleration in nonfarm payroll ((NFP)) employment growth. Data from other sources suggests that the deceleration over the last year is more ma...