ESGL News and Press, Invesco ESG Revenue ETF Invesco Exchange-Traded Fund Trust II From 04/01/20

Now that’s a moonshot! (Source: FRED) Any doubts that the coronavirus would adversely impact the economy were put to rest with the release of last Thursday’s Weekly Initial Unemployment Claims. New claims were a record 3.3 million for the week, almost 5 times the previous hig...

Introduction The aggressive selloff we saw in US equities ( SPY ) in March brought investors’ interest in stocks, as they have been questioning if it could be seen as a good opportunity to buy the dip. The announcement of QE-Infinity combined with the $2 trillion stimulus generated ...

The stock market remains overvalued for expected 2021 earnings. In my 2020 Outlook: Euphoria To Despair and in Expect Major Stock Market Challenges In 2020 , I laid out the arguments for a negative to at best neutral 2020 stock market. My reasons ranged from poor economic policy to overvalu...

Image Source The S&P 500/SPX ( SP500 ) has appreciated by roughly 20% since I mentioned that a short-term bottom in stocks was likely in . In addition to introducing a watch/buy list of 50 stocks , I also identified the recent short-term bottom in group chat about a week ago, putti...

This seems to me to capture sentiment in large parts of the market. I have read multiple articles ( here and here are examples) over the last week suggesting now is the time to be buying quality companies with strong balance sheets. These articles are not gung-ho bullish, but are generall...

Is the secular bull market now over? My own opinion is "more no than yes", even as S&P 500 2020 EPS estimates are likely to get hammered over the next 30-45 days. The answers to a question such as this is never binary, but a weighing of the probabilities. Here is the long-term return...

"The stock market is a device for transferring money from the impatient to the patient." – Warren Buffett Digesting the week we just had is going to be difficult for many. On the one hand, the S&P 500 gained a significant amount, rising over 10% despite a pullback on Friday. The...

Live look at the NY Fed Operations Desk. We Need a New Word For Whatever This Is QE Infinity has a certain ring to it, but this is much larger by an order of magnitude than anything we’ve seen before. The largest week of Treasury QE before this was about $40 billion in 20...

Last week, we asked the question, "Is the bear market over?" Our answer was simple: "The 'Bear Market' won't be over until the credit markets get fixed." On Monday, the market sold off to new lows, forcing the Federal Reserve to inject more liquidity to try and stabilize the "broken...

It's one of those crisis-level-of-illiquidity things that if you heard about it in normal times it would make you shake your head in disbelief. During a full-blown meltdown maybe it's not standard stuff, but given the chaotic conditions, it doesn't seem so preposterous, either. Negative convex...