PLW News and Press, Invesco 1-30 Laddered Treasury ETF From 04/05/23

2023-04-05 15:58:00 ET Summary US total household debt is at $16.5 trillion, including auto loans of $1.6 trillion, credit card debt at $986 billion, and student loans at $1.6 trillion. At current mortgage rates, US households need an income of $86,736 to qualify for the median-pr...

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 11:12:00 ET Summary With the recent banking turmoil, a whole new dynamic was at play in 2023, and with it, the U.S. Treasury market experienced some unusual trading activity. After looking at developments through the lens of a graph, all I could think about were the rol...

2023-04-04 15:36:00 ET Summary At the beginning of last year, interest rates stood at 0% and today the benchmark interest rate stands at 5.0%. The S&P 500 rose +3.5% last month, and the technology-heavy NASDAQ index catapulted even more (+6.7%). But not everyone escaped unscat...

2023-04-04 08:00:00 ET Summary A yield curve inversion is caused by a large decline in the monetary inflation rate. There is no sign of an upward reversal in the monetary inflation rate. As long as monetary conditions as indicated by the monetary inflation rate are still tight...

2023-04-04 03:08:00 ET Summary Why the banking sector fallout may require a more sober second look. What the next stage of this late-stage economic cycle might look like. Amid banking fears, are mortgages the next domino to fall? Recent fears about the bankin...

2023-04-03 14:14:00 ET Summary Expectations coming into the year were that rates would peak in the spring at around 5% and then fall in the second half of the year to about 4.5%. Real estate stocks rebounded last week to cut their losses for the month to less than 2%. The asset cl...

2023-04-03 13:58:00 ET Summary PCEPI inflation was just 2.1 percent in November 2022 and 2.4 percent in December 2022. Although inflation remains elevated, it finally appears to be consistent with Federal Open Market Committee member projections. The average inflation rate sin...

2023-04-03 11:20:00 ET Summary We see the U.S. policy push for leadership in clean tech and Europe’s fast-developing response creating near-term and strategic investment opportunities. Risk assets rallied amid stabilizing sentiment toward banks. Yet the disconnect between s...

2023-04-03 10:45:00 ET Summary The panic brought on by the failure of SVB, Signature, and the shotgun wedding between UBS and Credit Suisse has not produced a financial crisis yet. The bad news is that it could be the proverbial straw that breaks the camel’s back for North Amer...