OPER News and Press, ETF Series Solutions ClearShares Ultra-Short Maturity From 03/22/22

Does a recession call rise to the level of a high-confidence forecast? No, not yet. Hedging one’s bets on the business cycle for the US is, for now, rational. It would be naïve to assume that all is well and that recession risk is destined to remain low for the foresee...

European stocks actually performed better than the NASDAQ last week so maybe it was positive developments in the Ukraine war that spurred the rally. The dollar index fell nearly 1% last week but is still in an uptrend across shorter time frames. What the market does on a week to w...

The U.S. Federal Reserve raises interest rates for the first time since 2018. Scott Colbourne: Market is taking a cue that the Fed is upping the ante and having to move more aggressively on rates. Colbourne: The Fed's will provide more details in May on unwinding the balance sheet...

The Fed funds rate has been increased 25bp, with Federal Reserve officials forecasting six additional hikes this year and the rate peaking at 2.8% next year. Geopolitical tensions create uncertainty, but the Fed feels the need to step on the accelerator. It increases the likelihoo...

The Fed is set to kick off its tightening cycle today. Whether this translates into durably higher long-end interest rates depends on the market’s economic optimism. The energy crisis means there is less of it. After an overshoot, rates should settle near current levels. ...

In 2022, as oil prices have mercifully plunged and fears of Russian spillover maybe temporarily abate, rate hikes have retaken center stage. Long-term Treasury yields jumped on Monday, as they have over the past two weeks or so, with the entire back end of the yield curve being adjust...

Putin’s gamble, and the West’s response, has brought into view one of the few existential tail risks that isn’t a Black Swan: the risk of an escalation into war between Russia and NATO, and the exchange of nuclear weaponry. We also know that the war between Ukrain...

I don't pretend to know how the Russia/Ukraine war will play out, but I can shed some light on how it has impacted the U.S. and Eurozone economies. Limiting Russia's ability to use the SWIFT payment system is a big factor reducing liquidity overseas. Whenever the market gets very ...

The Fed is confronted with the highest inflation setting in 40 years. Yield curve is rarely this flat heading into a prolonged rate hike cycle. With the yield curve being as narrow as it is currently, the question revolves around how fast it could actually become inverted. F...

At the moment, some variables are beginning to align that might be a sign of a recession on the horizon. Up until the Russian invasion into Ukraine, the market was nearly unanimous in thinking the Federal Reserve would increase the Fed Funds Rate by at least .25%, if not .50%. The...