GIGE News and Press, SoFi Gig Economy ETF From 06/28/22

UiPath is the leader in robotic process automation, an industry that’s expected to grow at a >35% CAGR through to 2030. Shares of UiPath have been trounced, having fallen more than 70% from their 52-week high. The company is seeing growth slowing for a number of reasons,...

US and Global markets recoiled from the higher inflation/CPI data last week. The US Fed raised interest rates by 75bp on June 15. It is clear that global markets expected inflation to stay elevated but were hoping for some moderately lower data showing the recent Fed moves had already...

Growth concerns, inflation and volatility fueled the debate at our Outlook Forum over why we’re entering a new macro and market regime and what that means. Poor activity data reinforced slowdown fears, resulting in falling yields and rising stocks last week. Persistent UK infla...

Growth is slowing, but it’s slowing to trend at this point. So not to zero, not to negative, but something like the trend that we’ve experienced over the last couple of decades. So, if you’re looking for a great way to play inflation, look to the small cap asset c...

Russia's war with Ukraine and recent lockdowns in mainland China have further disrupted supply chains, adding to cost pressures. The US Federal Reserve raised its policy rate by 75 basis points at its mid-June meeting and signaled its determination to return inflation to 2%, acknowled...

Worsening consumer and business sentiment, increased inflation, and central banks moving to tighten monetary policy, with the US Federal Reserve being the most aggressive, have increased the risk of a global recession. When China imposed widespread lockdowns in April in pursuit of its...

This “inflation” is just the cover for the harmful redistribution of last year’s global supply shock (not money printing dollars). The global economy is clearly hitting the wall of the supply shock and reacting just as markets and curves have been pricing for well...

The concerns rest on the fact that global manufacturing growth has weakened amid ongoing supply constraints and soaring prices, leaving growth reliant on the service sector. May saw the S&P Global US Composite PMI fall from 56.0 to a four-month low of 53.6. Although economic g...

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...