JHMI News and Press, John Hancock Multifactor Industrials From 07/14/22

As companies adjust to inflation, rising interest rates, and a likely economic slowdown, investors are struggling to compute future earnings and the impact on stock valuations. Broadening the sources of stability can help diversify risk and return potential. Geopolitical risk and ...

This year has been one for the record books. Inflation is at a level last seen in 1982, the S&P 500 return this year is its worst start to a year since 1970, and it is the worst start for the Dow Jones Industrial Average Index since 1962. Investors had few areas to invest in that ...

United Rentals is down 20% from my last evaluation one year ago, but the fundamentals and metrics of the company have only improved since. Management believes 2022 will provide record demand due to long-term industry tailwinds & government infrastructure spending. Due to massi...

At the G7 meeting last week, the group agreed on banning Russian gold imports, while working on a mechanism to cap the price of Russian crude oil. Essentially, the G7 is trying to create a “buyer’s cartel” to set a cap on the price of Russian crude oil. After U.S....

The impact of the rate hikes or any slowdown is not yet visible in the manufacturing data for May. Transportation equipment is the largest category of durable goods, with $82.8 billion in orders in May, not seasonally adjusted, up by 19.7% from a year ago. For months now, consumer...

The Institute for Supply Management’s Manufacturing Purchasing Managers' Index fell to 53% in June, off 3.1 points from 56.1% in May (50 is neutral). The Production Index registered a 54.9% result in June, a rise of 0.7 points from May. The Employment Index posted a third c...

The latest headline PMI was 53.0, a decrease of 3.1 from 56.1 the previous month and in expansion territory. Today's headline number was below the Investing.com forecast of 54.9. For a diffusion index, the latest reading is 53.1 and indicates expansion. By Jill Mislins...

Being stuck with too many goods isn’t necessarily fatal to the global and domestic manufacturing sectors. The scale of the burden is one key worry, though equally so is demand. Demand trouble combined with excessive goods on hand - no wonder the manufacturing sector is real...

The region’s manufacturing economy experienced the largest decline in activity since the spring of 2020. Texas area manufacturers appeared to have reported a significant slowdown in demand as the index for New Orders dropped double digits and into the first contractionary readi...

The Federal Reserve panicked last week and spooked investors into the worst week for stocks since the onset of COVID in March 2020. For bonds to rally, we need rates to fall and that will only come with better inflation news and/or weaker economic data. It is a very uncertain time...