JHML News and Press, John Hancock Multifactor Large Cap From 04/13/23

2023-04-13 11:45:00 ET Summary China to the rescue? The inflection in the hyperscaler capex. Commodities (copper) next in line for a potential upturn. Our take on the overly anticipated US recession - datapoints from the field. While the upcoming US recession is capt...

2023-04-13 01:57:00 ET Summary It is widely acknowledged that the Federal Reserve's monetary policy has a long and variable lag, which means that it takes time for the economy to adjust to rising or falling interest rates. Despite the most recent readings for the PMI and Conferenc...

2023-04-11 02:36:00 ET Summary We’ve seen the worst of the yield curve inversions but I don’t think it tells you a whole lot about the future course of the stock market. Bonds rallied last week as interest rates fell with the 3-7 year Treasury index up a little over ...

2023-04-07 01:56:00 ET Summary Why markets are still ahead despite numerous headwinds. Is the robust U.S. jobs market finally turning a corner? The potential for a goldilocks scenario for markets and what it may look like. Recent data suggests the U.S. jobs m...

2023-04-05 13:09:00 ET Summary Assessing US recession risk isn’t getting any easier, but when it comes to cutting through the noise, I continue to rely on combining models for the single-best tool in the toolkit. The economy remains resilient despite several indicators sugg...

2023-04-05 11:40:00 ET Summary Curve inversion equals pain. The manifestation of that pain is typically a recession, and the antidote is (eventual) rate cuts. A lot of this is now being discounted. Banking sector pain has eased the inversion, but only as more rate cuts are discoun...

2023-04-05 00:41:00 ET Summary Why OPEC's production cut could impact broader markets. An unexpected cut in oil production just made the Fed's job more complicated. Is Commercial real estate the next shoe to drop for banks? The surprise OPEC+ production cut i...

2023-04-01 02:55:00 ET Summary The Economic Trend Index and Economic Momentum Index have recently dropped below their tipping points (50% and 0%, respectively). But this signal looks premature or wrong, based on various indicators that, in isolation, show the economy is still expa...

2023-04-01 02:15:00 ET Summary As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something was breaking. Historically, once the Fed opens dollar swap lines, further monetary accommodations follow from rate cuts to “quantitative ea...

2023-03-30 09:14:00 ET Summary Ongoing strength in the labor market and consumer sector are on the short list of reasons why a number of forecasters have been surprised. ETI and EMI are comprised of 14 indicators that capture a broad measure of US economic activity and are include...