GBGR News and Press, Global Beta Momentum-Growth From 07/22/22

The S&P 500 is falling sharply after the latest S&P Global PMI shows the services sector contracted in July. This is a leading indicator to a contraction in earnings. This is likely to push the S&P 500 PE Ratio to around 14. Stocks don't always do what you wa...

Three economic reports released on Thursday point to a rising possibility that a recession is near for the US economy. Looking at a broader set of US economic data still reflects growth in terms of modeling business-cycle conditions. We may be approaching the point of no return re...

From the June 17th low to yesterday, the 50 most shorted stocks surged 20% and helped to pull broad stock indices higher as speculators covered their bets to book profits. The four rallies of 6 to 11% year to date have been shorter in duration and smaller in size than during the 2000-...

The market for short-term private sector debt is fighting its way through a series of ill-considered government regulations that constrict ordinary short-term credit flow. The timing of this regulation-induced market constriction is disastrous. The economy is facing the combined threa...

The US economy has clearly slowed from its rapid 2021 growth and there are plenty of reasons to fear a recession some time in the next year or two. Even if reported GDP shows two negative quarters in the first half of 2022, the NBER committee is very unlikely to conclude that a recess...

As the S&P 500 has made a considerable move to the upside, bulls have continued to come back this week, rising to 29.6%. Albeit improved, bearish sentiment remains well above the historical average, and the double-digit two-week decline is actually the seventh of the year. The...

Initial claims for regular state unemployment insurance rose 7,000 for the week ending July 16th, coming in at 251,000. The number of ongoing claims for state unemployment programs totaled 1.325 million for the week ending July 2nd, a drop of 47,074 from the prior week. While the ...

We've seen some moderation of the supply chain, and inflation expectations have stabilized. Challenge for investors and policymakers is what you do with core inflation being more sticky. Financial markets have priced in two cuts by the Federal Reserve in 2023. Wi...

Persistent inflation and a strong labor market will allow central banks to continue raising interest rates. PPI inflation indicates a normalization of supply, absent energy, and food-related issues. Leading economic indicators show a deterioration of conditions and markets appear ...

The corporate profits picture is better than expected so far. Money managers have not been this underweight stocks since March 2009, which was the bear market low during the Great Financial Crisis. A recession is not in the cards for 2022. Animal spirits returned to the ...