IWP News and Press, iShares Russell Midcap Growth From 05/20/24

2024-05-20 07:50:00 ET Summary Most of the G10 currencies are +/- 0.1% against the dollar. The BOJ's reluctance to continue to reduce its bond purchases seemed to strengthen perceptions that it was not as concerned about the yen's weakness as was the Ministry of Finance. The e...

2024-05-20 07:15:00 ET Summary With Nvidia scheduled to report their quarterly results on 5/22/24 after the closing bell, earnings season has likely been extended for another week. Nvidia matters greatly this week, it’s the stock market darling since Apple fell out of favor...

2024-05-20 05:47:00 ET Summary With a 3.9% unemployment rate and still 8.5 million job openings, what is the probability of ongoing elevated wage gains perpetuating second-round inflationary effects (especially in rents and housing)? The fundamental predicament today is Monetary D...

2024-05-20 03:26:00 ET Summary Consumer confidence for April came in well below economists’ expectations (both the Conference Board and the Michigan sentiment indexes). The market loves itself a Goldilocks economy, where modest growth is paired with declining inflation and,...

2024-05-20 02:53:00 ET Summary The US economy grew 3.1% last year, trouncing widespread calls for a recession and exceeding my relatively sober expectation for 2% growth. The correct way to view the interplay between growth and inflation is to first understand that high inflation ...

2024-05-20 01:23:30 ET Summary The Federal Reserve has been conducting quantitative tightening for over two years, reducing its securities portfolio by over $1.6 trillion. The M2 money stock has increased at a compound annual rate of 6.9% over the past four years, indicating exces...

2024-05-19 16:00:00 ET Summary The S&P 500 is back in blue sky at new all-time highs. Next week's call looks easy - everything is bullish and the rally should continue. However, we should guard against complacency. A dip should hold 5264. But what if it doesn't? ...

2024-05-18 09:51:12 ET Summary The Fed has a 2% inflation goal for the US economy, but the meaning of this long-term goal is unclear. The long-term average for inflation is actually slightly above 3%, contradicting the Fed's 2% goal. Only a small minority of people are aware o...

2024-05-18 07:00:00 ET Summary Edward Yardeni, President of Yardeni Research, has been - and remains - bullish on the stock market given a Federal Reserve that will likely retreat to the sidelines, strong consumer spending, and a solid growth outlook. Jose Torres, Senior Economist...

2024-05-17 13:00:00 ET Summary Buffett’s cash and short-term investments (read T-bills) exceed $189 billion as of Q1, 2024. The problem with the valuation dilemma is that historically, such has preceded market repricings. With the current market capitalization-to-GDP ra...