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

Summary The CPI report came in shockingly cooler than expected on November 10. However, the inflation battle is far from over. The Fed will probably push back against markets should financial conditions ease. The CPI report on November 10 was shocking , just that ins...

Summary Primed for pivot, the market has rallied on the US CPI surprise. Fed officials have started to push back against the premature easing of financial conditions. Timing is especially inconvenient for the European Central Bank, which is still seeing greater risk of deancho...

Summary In today's issue of the 1-Minute Market Report, I examine the market bounce since the October low, and highlight the areas of the market that are leading the way higher. On Thursday, for every stock that was down, there were 26 that were up. For the first time since August...

Summary While a divided US government may look appealing, there are long-term risks amid resulting gridlock. The longest night belonged to the pollsters and pundits, whose predictions for a “red wave” did not come to fruition. Looking at historical relationships ...

Summary The BLS released new price inflation data on November 10, and according to the report, price inflation during the month decelerated slightly, but remained near 40-year highs. According to the BLS, Consumer Price Index (CPI) inflation rose 7.7 percent year over year during ...

Summary But there won’t be an adjustment for the Fed-favored “core PCE” price index that will come out before the next Fed meeting. Because of the periodic adjustment, the CPI for health insurance plunged 4.0% in October from September, a 6.1 percentage-point ...

Summary The headline Unemployment Insurance data is seasonally adjusted. The 4-week moving average is a more useful number than the weekly data. Seasonally adjusted 225K new claims, up 7k from the previous week's revised figure, was worse than the Investing.com forecast of 220...

Summary Most categories saw softer-than-expected inflation readings. We believe October’s softer-than-expected CPI reading strengthened the case that inflation will indeed moderate in 2023 after a period of elevated inflation. We believe the implications of the October ...

Summary As per Bureau of Labor Statistics' October Consumer Price Index data last week, year-over-year non-seasonally adjusted headline CPI was 7.75%, down from 8.20% previous month. Year-over-year Core CPI (ex Food and Energy) came in at 6.28%, down from 6.63% the previous month....

Summary While today’s CPI print took the spotlight of positively received economic data, jobless claims have continued to rise a bit. Seasonally adjusted initial claims rose to 225K from last week’s 1K upwardly revised level of 217K, which is 1K below the early Octob...