IVV News and Press, iShares Core S&P 500 From 06/14/24

2024-06-14 23:00:00 ET Summary Recent focus has centered on the Federal Open Market Committee’s dot plot, which now suggests just one rate cut in 2024. A closer examination reveals the committee is divided, with more participants (8 out of 19) anticipating two rate cuts thi...

2024-06-14 21:20:00 ET Summary The Federal Open Market Committee (FOMC) kept the benchmark policy rate at 5.25%-5.50% at its June meeting for the seventh consecutive meeting. More significantly, the latest dot plot revealed that the FOMC’s median projection has removed two ...

2024-06-14 14:13:30 ET Summary In addition to the often cited factors, we believe price inelastic behavior is keeping inflation from dropping faster. We discuss what may be causing price inelasticity and why it might reverse. As so much of the market moves based on interest ra...

2024-06-14 10:57:48 ET Summary Market volatility increasing due to snap elections in France, widening credit spreads across Europe. Spreads between French/German and Italian/German bonds widening, signaling global risk-off sentiment. US equity markets are driven by risk-taking...

2024-06-14 09:53:13 ET Wells Fargo argued that it sees the Federal Reserve stepping in and cutting rates twice in 2024 as the path to get back to 2% inflation is coming more into focus, with core inflation easing for the second consecutive month in May.... Read the full article on See...

2024-06-14 09:45:00 ET Summary One softer-than-expected monthly inflation reading didn’t stop Federal Reserve officials from delaying the expected start of interest rate cuts. After these surprisingly firm core PCE readings earlier this year, Fed officials confirmed that th...

2024-06-14 07:58:16 ET For the sixth week in seven, market participants were net buyers of fund assets, which included both exchange traded funds and conventional funds for the week ending June 5 as the financial community injected $39.4B into the space thanks in large part to money market ...

2024-06-14 07:25:00 ET Summary Trading activity on the Tradeweb European ETF marketplace reached EUR 47.4 billion in May. In May, trading activity in equity-based ETFs registered at 65% of the overall platform flow, while fixed income and commodities were at 27% and 8%, respective...

2024-06-14 07:15:00 ET Summary What makes the dollar's performance stand out is that it is taking place as US rates have fallen. The euro has been sold to almost $1.0670 and sterling has been pushed below $1.2700. In Japan, the BOJ made no change in its bond purchases, disappo...

2024-06-14 04:50:00 ET Summary The Federal Government publishes the spending and revenue numbers on a monthly basis. This was the second-largest May ever, only behind May 2020 during the very depths of the pandemic. On average, May experiences a deficit of -$127B, which makes ...