PAMC News and Press, Pacer Lunt MidCap Multi-Factor Alternator From 07/03/23

2023-07-03 06:30:00 ET Summary The forward 4-quarter estimate this week fell to $224.01 from last week’s $224.33. Consumer Discretionary and Communication Services were the big positive change between Q4 ’22 and Q1 ’23 EPS. Energy revenue saw a big swing n...

2023-07-01 03:30:00 ET Summary Equity markets hit a bottom in October 2022, with the S&P 500 retreating about 25 percent from the record high set at the beginning of that year. As we write this article on Friday morning, the S&P 500 is up in simple price terms by more than...

2023-07-01 00:25:00 ET Summary The consensus opinion is inflation will fall to the 3% range or lower within 18 months or so. The data does not support this thesis. The greatest risk for investors is placing a bet that rates will fall when history does not support this outcome. ...

2023-06-29 21:10:00 ET Summary There are some companies putting “AI” in their names, but it is not yet a huge number and they have real business reasons for doing so. Naturally, investors will look to track measures like the intensity with which firms are using AI or...

2023-06-29 20:10:00 ET Summary Investors and market “pundits” pay a great deal of attention to “market sentiment” because, regardless of the quantitative facts on the ground, what investors believe also matters a great deal, at least in the short term. ...

2023-06-29 04:25:00 ET Summary Geopolitical fragmentation and rewiring of global supply chains are set to drive up production costs. Economic relationships investors have relied upon could break down in the new regime. Relative value opportunities from potential market mispric...

2023-06-28 03:20:00 ET Summary Headline inflation has peaked in most regions. The biggest contributor is the decline in energy prices. Core inflation in Europe has largely been driven by the second-round effects of last year’s big increases in oil and gas prices. Megaca...

2023-06-27 05:38:00 ET Summary Our measures of market internals remain unfavorable, interest rates are nowhere near zero, long-term bond yields - as we’ll see - remain inadequate, and recession risk is quickly increasing. Defining a bull market as the S&P 500 above its ...

2023-06-27 02:18:00 ET Summary The S&P 500 earnings yield rose a little this week, to 5.16%, from last week’s 5.10%. Walgreens, Micron Technology, and NIKE report this coming week. The May ’23 PCE and Core PCE data is scheduled to be released before the marke...

2023-06-27 02:00:00 ET Summary Investors today find themselves in the midst of a peculiar dance between the S&P 500 weighted and unweighted index, the discordance of which might just be spelling out a financial narrative we need to grasp. We must remember the tried and true wi...