EWMC News and Press, Invesco S&P MidCap 400 Equal Weight From 11/11/22

Summary Inflation still looks set to remain high and the Federal Reserve remains on track to continue raising interest rates. The stock market surged and Treasury yields fell sharply. Despite encouraging inflation news and future estimates, uncertainty remains high about how f...

Summary In spite of the S&P 500’s attempts at moving above its 50-DMA in the past week, bullish sentiment took a hit with only a quarter of responses to the AAII survey reporting as optimistic. In the two weeks leading up to now, bearish sentiment had been in free fall,...

Summary October's Treasury yield-curve inversion is warning darker days are coming to Wall Street and the Dow Industrials. Durable stock market bottoms take place at the tail end of recessions and/or when interest rates are falling quickly. The smartest decision for traders an...

Summary CPI 'breaks lower'. Inflation is still quite high. The core rate does not appear to be decelerating by much if at all. Will the Fed welcome or be wary of the market rally on the back of a mediocre CPI? Headline pace breaks lower Head...

Summary The CPI report came in shockingly cooler than expected on November 10. However, the inflation battle is far from over. The Fed will probably push back against markets should financial conditions ease. The CPI report on November 10 was shocking , just that ins...

Summary Primed for pivot, the market has rallied on the US CPI surprise. Fed officials have started to push back against the premature easing of financial conditions. Timing is especially inconvenient for the European Central Bank, which is still seeing greater risk of deancho...

Summary While a divided US government may look appealing, there are long-term risks amid resulting gridlock. The longest night belonged to the pollsters and pundits, whose predictions for a “red wave” did not come to fruition. Looking at historical relationships ...

Summary The BLS released new price inflation data on November 10, and according to the report, price inflation during the month decelerated slightly, but remained near 40-year highs. According to the BLS, Consumer Price Index (CPI) inflation rose 7.7 percent year over year during ...

Summary But there won’t be an adjustment for the Fed-favored “core PCE” price index that will come out before the next Fed meeting. Because of the periodic adjustment, the CPI for health insurance plunged 4.0% in October from September, a 6.1 percentage-point ...

Summary The headline Unemployment Insurance data is seasonally adjusted. The 4-week moving average is a more useful number than the weekly data. Seasonally adjusted 225K new claims, up 7k from the previous week's revised figure, was worse than the Investing.com forecast of 220...