IUSS News and Press, Invesco Strategic US Small Company ETF From 11/07/22

Summary The early line from the prediction betting polls expect the Republicans to gain seats and control both houses of Congress. That could put a check mark on the side of the market bears and put a crimp on markets, as the gridlock in DC means no more stimulus until 2025. The t...

Summary Expectations coming into Thursday’s CPI and Core CPI print are leaning “heavy” so to speak, meaning the street is expecting another hot number. Inflation matters to bond yields and bond yields matter to stock P/E levels and valuations. It’s all ...

Summary The US October CPI is the most critical data point in the week ahead. The November CPI will be reported the day before the FOMC meets again on December 14. The other report, the US monthly federal deficit, gets little attention from the market. There are th...

Summary I believe following news or economic reports to glean market direction will fail quite often. SPX support is in the 3580/90 region, which, if held, can sustain a rally to 4100+. I think it is prudent to raise cash on rallies into 2023 until the market provides us with ...

Summary Rising interest rates have dominated this year’s macroeconomic and market agenda. Rising rates push up the discount rate used to value stocks, which tends to push valuations down. There are some indications that market valuations are unlikely to fall much furthe...

Summary The 2020 to 2021 period will likely go down in history as an extraordinary time in which financial markets remained resilient in the face of lockdowns, quarantines and economic shutdowns. However, as is often the case, the law of gravity eventually prevailed, removing much...

Summary Economists like to talk about forecasting recessions. To be blunt, I think this is an absolute waste of time. While nearly everyone seems to be aware that the yield curve is inverted, it seems that few people understand the significance of this event. Acting on this si...

Summary This morning's employment report for October showed a 261K increase in total nonfarm payrolls, which was above the Investing.com forecast of 200K jobs added. The unemployment rate rose to 3.7%. Notable job gains occurred in health care, professional and technical servi...

Summary The rate of job creation continues to slow, but the US still added 261,000 jobs in October, which was much better than expected. There is evidence of a moderation in the labour market that the more dovish members of the FOMC can point to. The hawks, who think the Fed n...

Summary In another sign of weakness for the job market, the total number of employed persons in the United States fell, month over month, in October. The decline in total employed was driven by a fall in full-time workers. According to the Bureau of Economic Analysis, disposab...