FRI News and Press, First Trust S&P REIT Index Fund From 01/24/23

Increased spend and careful credit management kick in for the festive season, but cardholders with two missed payments continued to rise FICO’s latest report of UK card trends — for November 2022 — suggests that consumers managed their credit card debt to keep lines...

Summary U.S. equity markets posted their first weekly declines of the new year as investors parsed a mixed slate of corporate earnings reports alongside hawkish Fed rhetoric and lukewarm economic data. Retreating after two-straight weeks of gains, the S&P 500 slipped 0.7% on the wee...

Summary The current slope of the US Treasury yield curve is inverted. Two-year yields are higher than 10-year yields, and to us that means that investors are focused on a few things. We’re starting to see a slowdown in interest-rate-sensitive sectors, most pronounced in US housin...

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its first quarter fiscal 2023 results on January 26, 2023, after the market closes and will host a conference call on January 26 th at 5:00 p.m. Eastern Time (4:00 p.m. Central/ 2:00 p.m. ...

Summary Early this morning, the weekly release of mortgage purchases and refinance applications from the Mortgage Bankers Association posted outright impressive week-over-week increases for both metrics. Beginning with a look at purchases, the reading surged almost 25% week over week fo...

Summary Pressured by global recession concerns, Industrial REITs dipped by 30% in 2022 - the sector's worst year on record- snapping a seven-year streak of outperformance over the broader REIT Index. The frenzied investment in logistics space clashed with already-tight supply, fueling a...

Report surveys 100 banking and financial C-level AI leaders on how they are ensuring AI is used ethically, transparently, securely, and in customers’ best interests FICO (NYSE: FICO): Highlights: 52% of financial services organizations say AI initiatives are a highe...

Summary QQQ and the S&P 500 have dropped from all-time record overvaluations a year ago but are still trading at more than double their average ratios relative to the profits of their components. Real estate has fallen modestly from its all-time highs in recent months but is about 7...

Summary Last year was certainly full of surprises - from rising inflation and interest rates to geopolitical turmoil and slower GDP growth - and 2023 will likely bring its fair share, too. In late 2022, year-over-year transaction volumes dropped 37%, 49%, and 68% in September, October, ...

Summary Looking at total returns for 2022 compared to the -18.1% loss for the S&P 500, income-focused equity investments generally held up well, except for REITs. MLPs provided standout performance in 2022, gaining over 30% on a total-return basis. Now that bond benchmarks are y...