FTDS News and Press, FIRST TRUST EXCH From 07/08/22

The massive Federal Reserve interventions provided a perverse incentive to take on extreme forms of risk. Currently, Wall Street continues to expect earnings to grow through the end of 2024 despite the growing risk of a recession. However, while estimates, and forward expectations...

Rates of change continue to improve across the economy. Don't be whipsawed by recession and inflation fears. The market and economy look positioned for a second half recovery. Stocks got a big lift at the open yesterday after China’s Ministry of Finance announced ...

Financial tightening by central banks is never good for financial assets. Consumers are being squeezed by high inflation and more restrictive, yet still accommodative, monetary policy. Commodity prices have more than doubled from their COVID lows. With inflation still in...

The first half of the year has been an unsettling time for equity investors. While quality hasn’t worked particularly well so far this year as a factor, we do believe that going forward companies that exhibit strong quality should be able to prosper through the uncertain econom...

Why the economy, practically speaking, may already be in recession. Why defensive sectors may be worth a closer look in the current environment. Market sentiment might be bearish, but that doesn't mean there aren't opportunities. Aggressive moves by central banks...

Secular bear markets begin from a point of mass exuberance and over-valuation and end when they have crushed both into remission. Bear markets have bottomed over the past 50 years when the price reaches 10 to 12x forward earnings estimates. Bear markets have never ended before med...

Value Line Arithmetic Index bottomed on 6/16. The S&P 500 Index bottomed on 6/16. The NADSAQ 100 Index bottomed on 6/16. I'm going out on a very shaky limb and calling the Stock Market Bottom was on June 16th. You can never predict the day that the Market will bottom nor...

The Fed minutes delivered a big shock to the markets. This has sent yields soaring across the curve and the Fed Funds Futures. Stocks are living in the land of rainbows and unicorns, for the moment. The FOMC minutes delivered a massive surprise to markets because rates i...

By long-term historical comparison, initial claims remain very low. State continuing claims have now risen in five of the last six weeks and are at the highest level since April 30, though the level remains very low by longer-term comparison. The tight labor market is a crucial co...

It seems like no one wants to hear positive news just as the tide looks to be turning. The service side of the economy continues to hold up. There are more signs that inflation is starting to abate. Growth stocks are starting to catch a bid. Investors need to fight the neg...