IWP News and Press, iShares Russell Midcap Growth From 05/03/24

2024-05-03 03:20:00 ET Summary The current macro backdrop is slightly atypical for an impending Federal Reserve easing cycle - growth and labor markets remain strong, while inflation levels are elevated despite progress over the past year. The policy backdrop is also notable as Fe...

2024-05-02 09:25:00 ET Summary Both interest rates and Treasury yields ratcheted upward with pernicious inflation, prompting renewed discussion about equity risk premiums in a new environment with abundant opportunity for yield. Given the structural headwinds supporting declining ...

2024-05-02 08:10:00 ET Summary To understand if this is just a short-term dip or something more meaningful, we must look at the technical and fundamental backdrop that is moving sentiment. Semiconductors and their earnings announcements have been key with the wave of investment in...

2024-05-02 07:00:00 ET Summary It appears that with the market challenging Monday's intervention, Japanese officials entered the market shortly after the US equity market closed yesterday, as the Asia Pacific session go underway and sold dollars again. The offshore yuan is trading...

2024-05-02 05:00:00 ET Summary The latest JOLTS report showed the lowest levels of quits since early 2018 when Core PCE inflation was around 2%. This is an interesting data point because the quit rate has tended to be a good measure of labor market tightness. It’s often...

2024-05-02 04:00:00 ET Summary Motio Research estimates the income earned by a typical American household increased by $906 (+1.2%) from its initial estimate of $77,265 for February 2024. Political Calculations' initial estimate of median household income in March 2024 based upon ...

2024-05-02 03:20:00 ET Summary The Fed kept rates unchanged at the May FOMC meeting, maintaining the Fed Funds trading range at 5.25% to 5.50%. Rate cut expectations have shifted dramatically, with the market now pricing in fewer than two rate cuts compared with the initial expect...

2024-05-02 03:00:00 ET Summary The Federal Reserve left its policy rate unchanged and argued its policy stance is “in a good place”, but officials are concerned about the recent lack of progress on inflation. Rate hikes remain unlikely, but the Fed is prepa...

2024-05-01 20:47:43 ET Summary The Federal Reserve announced a reduction in the quantitative tightening program, selling fewer US Treasuries and potentially leading to lower interest rates. Market reaction to the changes in quantitative tightening was muted, with short-term Treasu...

2024-05-01 16:30:59 ET Summary The Federal Reserve leaves rates unchanged as inflation progress stalls, pushing rate cuts expectations further out. Fed Chair Powell adopts a more dovish tone, mentioning stalled inflation progress, but he also expressed confidence that long-term in...