FITE News and Press, SPDR S&P Kensho Future Security From 04/11/22

The broader equity categories turned in negative results in Q1. U.S. large-cap stocks, as measured by the S&P 500 Index, held up the best at a decline of 4.6%. Bonds performed worse than many of the equity categories, despite typically being viewed as a safe haven investment. In t...

Inflation expectations have kept the Federal Reserve center stage as they commenced their interest rate rising cycle in March. The war in Ukraine and Omicron’s spread in China impacted inflation and supply chains differently, but both delay supply chain normalization. Regar...

Stock markets fell in the first quarter as Russia’s invasion of Ukraine destabilized the growth outlook, amplified concerns about rising interest rates and unleashed geopolitical risks. While the conflict has created many uncertainties, we believe the impact of persistent infla...

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...

Fundamentals always win out in the end, regardless of what style is trending. Volatility opens up opportunity in names that were previously out of reach. Our strategy summarized: clear buy/sell disciplines, a flexible asset allocation process, and a long-term perspective. Fo...

We believe that the Cybersecurity theme can help manage geopolitical risk in a portfolio, as well as idiosyncratic risk linked to companies’ product and supply chain weaknesses. We expect equity markets to be supported by negative real yields as high inflation persists. The...

The Biden administration's proposed $773B Defense Department budget for the fiscal year starting October 1 represents 4.2% nominal growth or 1.5% real growth after accounting for inflation compared with the $742B final appropriation for the current fiscal year. According to a Bloomberg review...

U.S. defense contracting stocks led by Lockheed Martin (NYSE:LMT +3.3%) are in rally mode as Russia's invasion of Ukraine shows no signs of easing. Other notable gainers in Monday's trading include HII +3.5%, NOC +3.4%, LHX +2.7%, GD +1.9%, RTX +1.8%. ETFs: BATS:ITA, XAR, DFEN, FITE, PPA Cowe...

SPDR S&P Kensho Future Security ETF (FITE) - $0.0097. 30-Day SEC Yield of 0.10% as of Mar. 17. Payable Mar 24; for shareholders of record Mar 22; ex-div Mar 21. For further details see: SPDR S&P Kensho Future Security ETF declares quarterly distribution of $0.0097

Lockheed Martin (LMT -6.5%) ranks among the day's three biggest losers on the S&P 500 after Bloomberg reported the U.S. Department of Defense plans to buy fewer F-35 fighter jets in FY 2023. The U.S. has been taking 60-85 F-35s per year, and foreign governments could pick up any slack fro...