FTXO News and Press, First Trust Nasdaq Bank ETF From 05/04/22

Why rising rates may be problematic for U.S. banks. Where to find value in U.S. banks. Why the road ahead for U.S. banks may be challenging. For further details see: Rising Rates And U.S. Banks: Friend Or Foe?

Citigroup’s first quarter profits declined 46% YoY due to rising credit losses. Recently, the yield curve inverted. Yield curve inversions often, but not always, point to a recession. For further details see: Citigroup: A Value Trap

Bonds are hated right now and people want to believe yields will only go higher from here. Whether or not a recession will eventuate is not yet clear, but a material slowdown in growth is certainly what the leading indicators of the growth cycle are pointing to. The current inflat...

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...

First Trust Nasdaq Bank ETF (FTXO) - $0.1270. 30-Day SEC Yield of 1.69% as of Feb. 28. Payable Mar 31; for shareholders of record Mar 28; ex-div Mar 25. For further details see: First Trust Nasdaq Bank ETF declares quarterly distribution of $0.1270

The pandemic forced central banks to slash rates and restart the quantitative easing measures first rolled out during the financial crisis. Near-zero interest rates in the United States and negative rates in Europe have compressed net interest income. After several years of strong...

Russia’s invasion of Ukraine, the biggest conventional military attack in Europe since World War II, has wide-ranging implications for economies and markets around the world. Disruptions from this war and the higher energy prices that result could significantly dampen Europe&#x...

As the yield curve continues to flatten, pressure mounts for banking and financial exchange traded funds. Tighter spreads are not supportive of bank stocks' bottom lines, leading to three banking ETFs that investors may want to keep on their radar. The First Trust Nasdaq Bank ETF (NASDAQ:FTXO...

Russia supplies natural gas to Europe, and in the event of US sanctions, this could impact Europe. But there are so many LNG ships in the Atlantic right now that lease rates have collapsed, so Russian threats to cut off Europe’s gas may not be much of a threat. The other big th...

Non-U.S. markets, including EM, DM, and Asia, are outperforming the U.S. markets after underperforming last year. After slightly underperforming growth last year, value is where the money is flowing. With the economy still in growth mode, cyclical stocks should do better than defe...