IVW News and Press, iShares S&P 500 Growth From 02/03/24

2024-02-03 08:45:00 ET Summary The employment data (released on Friday by the Bureau of Labor Statistics) was as you’d expect from an economy that is growing at a good pace. The acceleration can be seen in the three-month moving average, which irons out some of the month-to...

2024-02-03 05:47:00 ET Summary The major US indices continued to melt higher in January, with the Nasdaq, Dow Jones Industrial Average, and S&P 500 all making gains. The incremental strength in equity markets was set against a backdrop of a resilient, growing US economy. T...

2024-02-03 05:45:40 ET Summary Over recent months, the notion of 'immaculate disinflation' has supplanted traditional analysis. More remarkable even than having grown comfortable with very strong growth and labor markets, the Fed is willing to disregard extremely loose financial c...

2024-02-03 05:12:22 ET Summary The US financial system has sufficient funds to sustain itself. The M2 money stock has decreased slightly since early 2022 but remains significantly higher than in 2020. The Federal Reserve continues to gradually reduce its securities' portfolio....

2024-02-03 01:23:01 ET Summary Whether it be a bull or a bear, staying with a trend increases the odds of success. No surprise, the Fed left rates unchanged and is effectively in "neutral". The Fed futures market has been wrong on Fed policy for two years. My stance hasn't cha...

2024-02-02 20:34:17 ET Summary Stocks initially dropped after strong job growth in January, but it wasn't as strong as believed. The increase in jobs and wages can lead to inflation. However, the decrease in average work hours counters the income created by new jobs and higher...

2024-02-02 14:17:59 ET Summary January job creation exceeded expectations with 353,000 jobs added. The labor shortage is growing as the number of job openings outpaces the number of unemployed. Average hourly earnings and average hours worked are heading in two opposite direct...

2024-02-02 10:42:00 ET Summary January payrolls surged 353k versus 185k consensus. The blowout jobs report - payrolls surging, wages jumping, unemployment falling - means the Fed will be in no hurry to cut interest rates. Nevertheless, the report contradicts lots of evidence e...

2024-02-02 07:27:00 ET Summary The US data continues to refuse to convincingly break one way or another. This will leave members of the Federal Reserve unconvinced there is enough evidence to justify cutting interest rates as soon as March. The US manufacturing ISM index was stron...

2024-02-01 22:50:00 ET Summary The race into 2024 has begun, and the U.S. market is off to a quick start. The S&P 500 jumped out of the gates by +1.6%. The bull market rally broadened out at the end of 2023, but 2024 returned to the leaders of last year’s pack. Out ...