IYM News and Press, iShares U.S. Basic Materials From 04/01/22

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...

iShares U.S. Basic Materials ETF (IYM) - $0.4239. 30-Day SEC Yield of 1.64% as of Feb. 28. Payable Mar 30; for shareholders of record Mar 25; ex-div Mar 24. For further details see: iShares U.S. Basic Materials ETF declares quarterly distribution of $0.4239

Headed into the 2021Q4 earnings season, the materials sector had the 2nd highest revenue and earnings growth estimates. Revenues were ahead of expectations as 75% of companies reported better than expected results and materials had the 2nd highest revenue growth rate (27.0%). Desp...

Inflation and its implications for real economic growth are the main portfolio positioning consideration of the conflict in Ukraine. On the 8th of March, the U.S. sanctioned Russian energy imports, giving companies 45 days to comply. Higher commodity prices are not the only factor...

While nominal asset classes such as equities and fixed income have had a negative response to inflation surprises, real assets such as commodities have historically tended to be effective as inflation hedges. Over the past year, pandemic-induced supply shortages and demand spikes have...

Russia’s invasion of Ukraine, the biggest conventional military attack in Europe since World War II, has wide-ranging implications for economies and markets around the world. Disruptions from this war and the higher energy prices that result could significantly dampen Europe&#x...

XLB is composed of four industries, the most important of which is the Chemicals industry. Chemicals stocks are showing distinct signs of slowing, suggesting a possible peak in the market cycle. At the index level, this weakness has been blunted for the time being by strength in a...

The goal of the DDM is to quickly and easily utilize available resources of an asset to understand what the intrinsic value of that asset is based on certain market and company expectations. If the required return component of the equation rises without expectations of higher company ...

We have seen crypto disruption expand across the financial system and expect this to continue. Inflation pressures may linger through 2022 and pose a risk of spiraling into a more persistent economic factor. Historically in these market environments, real assets—including n...

The latest IHS Markit US Sector PMI revealed that six of the seven broad sectors tracked by the surveys reported higher output in November. Despite some of the supply chain problems having eased in November, the extent to which production growth had been constrained is consistent with...