GENY News and Press, Principal Millennials Index ETF From 06/18/22

The World Bank downgraded its 2022 global growth estimate to 2.9%—the bank originally forecasted a 4.1% increase back in January. The ECB announced that it will raise interest rates next month for the first time in more than a decade. Domestic equity funds this last week re...

The US has significantly outperformed the rest of the world in earnings growth over the last decade. This earnings growth is largely already priced in however, with US PE10 valuations roughly double that of the rest of the world. US equities may no longer be eye-wateringly expensi...

Two-plus years into the pandemic, nobody wants to hear the word Covid anymore. Covid-19 case waves significantly improved in April and May across most global regions. Global markets navigated formidable crosscurrents over the past year—high inflation, supply chain bottlenec...

The latest PMI data compiled for JPMorgan by S&P Global revealed an unwelcome mix of sluggish global economic growth and soaring business costs in May. Although global output growth picked up slightly in May, it remained at one of the weakest levels seen so far in the pandemic rec...

Consumer goods industries remain hamstrung by supply chain bottlenecks, soaring costs, and the shift in spending toward services, reporting only modest growth in May to contribute to a broader manufacturing malaise. Global economic growth continued to be fueled first and foremost by r...

In this market, we have been finding our members rare combinations of value and growth. We have traded ASO successfully, but think for investors we are still looking at a cheap stock, with growth. The short interest is unusually high, which is a headwind for ASO but also a possibl...

The pace of global economic growth remained among the weakest seen so far during the pandemic recovery period in May, according to the latest PMI data compiled for JPMorgan by S&P Global. Future expectations remain especially weak by historical standards in India and the eurozone ...

The US consumer price index (CPI) has risen by over 8% in the past year, similar to Europe’s 7.4% increase. In the US, higher retail gasoline prices have historically led to higher expectations of inflation, leading to higher actual inflation. Going forward, achieving a div...

With the war in Ukraine and China’s zero-Covid policy, delays and prolonged supply bottlenecks are defining this year’s world trade outlook. Yes, demand is softer, notably from China but the backlog is such that supply chains will remain strained for the rest of the year...

Quite frankly, new business creation is occurring in many parts of the world. We have observed new businesses being created at an annual growth rate greater than 15% since the start of the COVID-19 pandemic in Canada, France, Japan and the United States. The Economist estimates th...