IJT News and Press, IJTiShares S&P Small-Cap 600 Growth ETF From 12/29/22

Summary Initial jobless claims have not been of particular interest recently as the weekly indicator has seen choppy week-to-week moves that have yet to set any major new high or low. On a non-seasonally adjusted basis, claims tend to drift higher at the end of the year and into the new...

Summary Seeking Alpha have asked contributors to make a forecast of S&P 500 index level at end of 2023. The basis of forecasting is fairly prescriptive, requiring an estimate of S&P 500 average multiple applied to an estimate of S&P 500 average earnings, to arrive at market ...

Summary The realm of financial engineering is on track to dispense black eyes all around, based on a set of proxy ETFs. There’s a case for seeing 2022 as a downside outlier. The case for staying defensive will probably resonate well beyond the hangovers of January 1. ...

Summary Reserve balances have fallen sharply over the past week. With the reverse repo facility likely to see a big surge this week, reserve balances could drop further. Falling liquidity and rising rates could push stocks sharply lower. If you have been looking for that S...

Summary With rising interest rates and inflation, such would seem a logical assumption. 2022 has been one of the worst years for returns from a 60/40 portfolio. The longer-term view suggests recent performance will not continue due to expanding debts and deficits. Investors should h...

Summary The macroeconomic indicators in the US point a picture of doom and gloom. The Fed seems to be aggressive. More rate hikes may cause a recession. My base-case scenario is that it could be quite moderate. There is always plenty of guesswork to be done when it com...

Summary Tesla CEO Elon Musk warned of a serious recession that could cause significant pain for consumers and investors. Will it be enough to turn Fed Chair Jerome Powell's head? Analysts' bottom-up estimates don't expect a recession in 2023, but they have been markedly off-target i...

Summary I expect S&P 500 2024 forward earnings to be $237.2, which in my opinion, should fetch 17.5X, a multiple more in line with 3.5-4%, 10-year treasuries. I also expect S&P 500 earnings to decline by 5% to about $210 in 2023 and then recover by 13% on a smaller base to $237 ...

Summary More interest rate increases are likely to slow the economy in 2023 as the Federal Reserve works to lower inflation. Earnings are likely to take a hit in 2023 as economic activity slows down. I am forecasting a recession for next year. I will also forecast where I think ...

Summary Consumer spending on services jumped by 0.7% in November from October, seasonally adjusted, and by 8.9% from a year ago, according to the Bureau of Economic Analysis today. Spending on services has easily outrun inflation that continues to rage in services, and so this demand fo...