IVW News and Press, iShares S&P 500 Growth From 01/31/24

2024-01-31 18:20:00 ET Summary Employment costs are cooling broadly despite the tight jobs market. Cooling labour cost environment offers the Fed the room to cut interest rates meaningfully to neutral levels. Employment costs rose 0.9% quarter-on-quarter in 4Q versus 1.1% in 3...

2024-01-31 17:52:24 ET Summary The Federal Reserve held interest rates steady and signaled that a March rate cut is unlikely, surprising market bulls. Taylor Rule modeling shows the Fed's stance is surprisingly hawkish. Stocks fell about 1.6% on the news. This potentially sugg...

2024-01-31 17:09:27 ET Summary The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for rate cuts in March were dampened by a change in stat...

2024-01-31 16:15:05 ET Summary The Federal Reserve removed any language indicating future rate hikes and upgraded the status of the economy in today's statement. The market is pricing in more rate cuts than what the outlook provides, with projections of 125 to 150 basis points of ...

2024-01-31 10:30:00 ET Summary The core Personal Consumption Expenditures price index fell to its lowest level since March 2021. Euro area business optimism about the coming year improved for a fourth consecutive month in January. Last week brought several announcements from r...

2024-01-31 07:10:00 ET Summary With US high-flying tech stocks posting steep losses after disappointing earnings reports, the currencies most sensitive to risk-appetites, the dollar bloc and the Norwegian krone are the weakest. China's January PMI showed a small gain, but nothing ...

2024-01-31 02:26:00 ET Summary In the US, December’s Consumer Price Index rose 3.3% year over year, well off its peak of 8.9% in June of 2022, but still above the Fed’s 2% target. We expect labor markets to stay resilient in 2024, but with job creation slowing to mor...

2024-01-31 02:00:00 ET Summary If the Fed does happen to break something and the economy grinds to a halt, it can respond very quickly. We believe growth of 2.5% is very doable in the 2020s. Healthcare companies are fast becoming data companies. In their first walk o...

2024-01-30 21:50:00 ET Summary One of the main drivers in the falling rate of inflation has been the consistently softening labor market. Tuesday’s JOLTs report and the quit rate, in particular, confirmed the stance of capital vs. labor in this environment, and capital is c...

2024-01-30 20:20:00 ET Summary As normalization continues to play out during 2024, we expect inflation to return to the Fed’s target and for economic growth to moderate. As a result, rate cuts are likely to start between the second and third quarter. Softer consumer balance...