FTXO News and Press, First Trust Nasdaq Bank ETF From 04/25/23

2023-04-25 10:31:00 ET Summary Banking stress is unambiguously negative for the economy because it creates difficulties for small and midsize companies, which tend to utilize smaller banks due to the ease of access to credit they provide. We believe the Fed will be reluctant to mo...

2023-04-25 03:25:00 ET Summary Why market uncertainty could lead to a return to quality. The unusual market cycle markets find themselves in now. Canadian banks may face a few tough quarters but will prove their resiliency. Despite potential headwinds, equity markets...

2023-04-20 12:30:00 ET Summary Wedgewood Partners is a money manager founded in 1988 with the goal of providing investors with a superior approach to managing investment portfolios. We cover Q1 2023's top contributors and detractors. Over our 30-plus years, in far too many of ...

2023-04-19 13:34:39 ET Concerns about the recent bank crisis have faded in recent weeks, in part thanks to stronger-than-expected earnings from some of the world's largest financial institutions. JPMorgan Chase ( NYSE: JPM ) was among the firms announcing strong results. Does&#x...

2023-04-18 21:00:00 ET Summary This isn’t going to be another history of the meltdown of Silicon Valley Bank - rather than merely recount the developments, I’m going to discuss their significance. A number of things about SVB made it somewhat of a special case ȁ...

2023-04-18 09:43:00 ET Summary Changes to the Global Industry Classification Standard adjusted the sector weights in the S&P 500. Sector futures provide a way to manage risk related to the 11 GICS sectors and gain exposure to changes impacting differing sectors of the market. ...

2023-04-15 03:35:00 ET Summary One of the first things many people did after SVB hit the news was to pull their money out of their local mom-and-pop banks and put it into one of the banking giants. On April 14, we got some hard data about this trend as the largest banks kicked off...

2023-04-14 12:51:00 ET Summary Even after a string of financial failures that sent depositors running for the hills, it’s a good time to be a giant U.S. bank. More troublesome than the level of deposits is the cost of those that stay, which is also rising. While it ...

2023-04-14 01:00:00 ET Summary Although the worst of the crisis may very well be over, you’re going to see this affect the economy through tighter lending standards. Monetary policy notoriously has long and variable lags. Dividend growers usually outperform during the e...

2023-04-13 14:14:47 ET Exchange traded funds focused on the banking and financial sectors will be in focus over the next several days as investors receive Q1 earnings figures from some of the most prominent financial institutions on Wall Street. The reports represent the first quarterly upd...