JHMI News and Press, John Hancock Multifactor Industrials From 10/06/22

Summary Global business conditions worsened in the manufacturing sector in September. The JPMorgan Global Manufacturing Purchasing Managers' Index™ (PMI™) dropped below the neutral level of 50.0 for the first time since June 2020. Easing of supply chain delays we...

Summary We expect macro headwinds will continue to pressure U.S. corporate earnings in the coming months. We expect earnings expectations to decline as multinational firms realize foreign exchange headwinds that accelerated over the past year. Investors can avoid undue interna...

Summary The September S&P Global US Manufacturing PMI came in at 52.0, up 0.5 from the final August figure. The brightest signs of life are coming from the domestic market, with producers of both consumer goods and, most notably, business equipment reporting improved sales to ...

Summary The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 50.9 percent in September, barely above the neutral 50 level. The new orders index fell by 4.2 points to 47.1 percent in September, the third reading below neutral in the l...

Summary Stocks are now back down to the lows set in June and sentiment is as negative now as it was then. There is a long list of technical items that have hit levels or rates of change we associate with bottoms, short- or long-term. The economic data last week was mostly abou...

Summary The Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for September. The latest general business activity index came in at -17.2, down 4.3 from last month. Monthly data for this indicator only dates back to 2004, so it is difficult to see the full poten...

John Hancock Investment Management announces changes to its ETF lineup Canada NewsWire $ unless otherwise stated                          &#x...

Summary Data can easily mislead, but they can also inform. Although the U.S. began consistently to run annual trade deficits in 1976, the negative impact on employment growth that protectionists predict did not materialize. No data or sets of graphs, regardless of how carefull...

Summary Climate change, if left unchecked, will likely have such widespread implications that it could threaten the stability of the global financial system. Tracking the reality of the environmental implications will be critical to companies mitigating risk and capitalizing on op...

Summary Total industrial production decreased 0.2% in August after increasing 0.5% in July. Over the past year, total industrial output is up 3.7%. Manufacturing utilization was unchanged at 79.6%, holding above its long-term average of 78.2%. However, it remains well below the 19...