IVW News and Press, iShares S&P 500 Growth From 02/18/24

2024-02-18 21:32:00 ET Summary It is that after trying to figure out whether the economy and markets would achieve a soft landing in the wake of the post-Covid tightening cycle, no one quite knows what to think now that the soft landing appears to have arrived. By and large, leadi...

2024-02-18 18:35:00 ET Summary The underlying floor of our coming markets continues to be the Fed and when they might lower interest rates. CBS reports that Americans now owe a collective $1.13 trillion on their credit cards, with an average balance of $6,360. The Fed’s...

2024-02-18 16:00:00 ET Summary Some technical damage was inflicted on the uptrend this week. Dips are getting deeper and more frequent. The rally is expected to slow into a top near the 5107-112 target area. The S&P 500 ( SPY ) finally dipped this week follow...

2024-02-18 10:30:00 ET Summary Director of the Congressional Budget Office and other financial experts warn that the US fiscal trajectory is unsustainable. Publicly held debt has ballooned to $26 trillion, reaching 99% of GDP, and is projected to rise to 116% by 2034. Net inte...

2024-02-18 07:01:32 ET Summary Rotation out of big tech stocks and into the rest of the market is evident in recent trading. The underperformance of small-cap and equally weighted indexes may be reversing, improving market breadth. Inflation concerns are likely temporary and s...

2024-02-18 07:00:00 ET Summary Nvidia's earnings report will have a significant impact on the NASDAQ 100 index, as the company has delivered a large portion of the index's gains. The market is extremely bullish on Nvidia, leading to high implied volatility and a heavy weighting of...

2024-02-17 08:05:00 ET Summary The US January CPI and PPI came in stronger than expected and this extended the recovery in US interest rates. The yen has fallen for seven consecutive weeks and the threat of intervention by MOF officials had little sustained impact. China retur...

2024-02-17 05:13:05 ET Summary January's CPI data confirm that inflation is anything but dead and buried. It's worth noting that despite January's notable 0.8% rise, Import Prices were still down 1.3% YOY. Medical Care Services gained 0.7%, with Health Insurance prices jumping...

2024-02-17 02:40:00 ET Summary This week was particularly trying, and most of all for the masses tethered to the “6 in ’24” narrative proclaiming six Fed funds rate cuts in 2024. Many of the categories that make up typical household budgets saw price gains in ...

2024-02-17 02:10:00 ET Summary Our annual global real GDP forecast for 2024 has been revised up from 2.3% to 2.5%. Global PMI data continues to point to a gradual improvement in economic conditions. Core inflation rates have continued to fall but the outlook is more unce...