FTDS News and Press, FIRST TRUST EXCH From 07/04/22

Markets ended the week down bad, precipitated by mixed PCE data, slowing consumer spending, and a weaker-than-expected PMI print. Consumer sentiment and confidence worsen as inflation proves to be sticky and billionaire Jim Coulter expects "Phase 2" of his market downturn playbook to ...

The BoJ's insistence that inflation, running slightly above target, is not sustainable is that it is a function of higher fresh food and energy prices and the statistical impact of last year's cut in cell phone charges dropping out of the 12-month comparisons. What is missing, the BOJ say...

The Federal Reserve continues to dominate the discussions about the future of the stock market: whether or not the Fed will sustain a "tight" money position. Disequilibrium continues to dominate individual markets and sectors, leaving many of the discussions about the performance of i...

The JPMorgan Manufacturing Purchasing Managers' Index, compiled by S&P Global, nudged lower in June, down from 52.3 in May to 52.2, its lowest since August 2020. The global manufacturing PMI survey's Output Index, which acts as a reliable advance indicator of actual worldwide outp...

Analysts are still forecasting 2022 earnings to grow by more than 10 percent, higher today than their consensus estimates back in March. Already we are getting a preview of how the second quarter earnings season, which officially gets underway late next week, is going to shape up in t...

Risk capital is the portion of capital that is invested in the riskiest segments of each market and safety capital is that portion that finds its way to the safest segments in each market. It is a common misconception that the risk-takers supply risk capital and that the investors who...

The stock market has been a winning team for years, generating outsized returns for investors. But so far this year, the winning streak appears to be coming to an end. Jerome Powell, the Fed Chair, has been a very effective clean-up hitter for the stock market, not only leading the st...

Markets see-saw on inflation reports, economic data releases. Three reasons why Q2 earnings season could be challenging. June employment report, CPI reading loom large for U.S. markets. On the latest edition of Market Week in Review, Director of Client Investment Strateg...

A shortened trading week on Wall Street will have traders focusing on the FOMC minutes, a few Fed speakers, and the June nonfarm payroll report. I don’t think there’s any such thing as a quiet week for Europe at the moment but next week is probably as close as it gets. ...

We have upgraded inflation forecasts - and downgraded growth - and now expect global GDP to expand at a rate well below potential in 2023. Regardless of whether the economic slowdown meets the technical definition of a recession, the next few quarters aren’t going to feel good....