PEZ News and Press, Invesco DWA Consumer Cyclicals Momentum ETF

2024-06-24 10:16:00 ET Summary The economic environment was unchanged last week, as the 10-year rate and the dollar both rose slightly. Large cap growth stocks and commodities continue to lead on the YTD basis with intermediate-term Treasuries flat, while small-cap stocks and REIT...

2024-06-19 04:55:00 ET Summary There are two crucial things that go into retail sales: Seasonal adjustments and inflation/deflation in goods, which is what retailers sell. Inflation in the US has been raging in services, where two-thirds of consumer spending goes. Nondurable g...

2024-06-18 13:25:00 ET Summary US retail sales were softer than hoped in May and with April revised to show a contraction, we are seeing more evidence of a cooling consumer spending story. With inflation pressures seemingly moderating and unemployment ticking higher, a September F...

2024-06-18 05:30:00 ET Summary LSEG IFR Markets forecasts a challenging development for Q2 U.S. retail sales, with overall and ex-autos sales anticipated to increase by only 0.2% in May 2024. Unit auto sales experienced modest growth for the month, reaching an annualized rate of 1...

2024-06-14 11:00:00 ET Summary Both Costco and Ross Stores are experiencing increased foot traffic and higher sales of previously less popular products, indicating a strong and resilient U.S. consumer. The shift in consumer behavior toward buying more discretionary items is attrib...

2024-06-07 14:35:00 ET Summary US economic activity has continued to expand at a modest pace in 2024, as the consumer has proven resilient in the face of high interest rates and elevated inflation. Job gains above pre-pandemic averages and nominal wage growth above inflation have ...

2024-05-29 15:30:00 ET Summary Are tech stocks back for the long term? Outlook for the tech sector. Global stock trends. ... Read the full article on Seeking Alpha For further details see: Tech Sector Momentum Returns, But Is It Back For The Long ...

2024-05-23 04:15:00 ET Summary S&P 500 earnings growth of 5% was driven primarily by the mega-cap tech+ stocks. We remain positive on technology and internet stocks but expect the earnings growth chasm between these leaders and the rest to close as two divergent business cycle...

2024-05-20 09:35:00 ET Summary American consumers, often seen as a bellwether for the global economy - have been largely resilient and healthy despite sticky inflation and higher interest rates. Can this resilience continue as difficult market conditions persist? At a high lev...

2024-05-18 07:00:00 ET Summary Edward Yardeni, President of Yardeni Research, has been - and remains - bullish on the stock market given a Federal Reserve that will likely retreat to the sidelines, strong consumer spending, and a solid growth outlook. Jose Torres, Senior Economist...