PSCI News and Press, PowerShares S&P SmallCap Industrials Portfolio From 09/05/22

Summary The manufacturing sector continues to be plagued by supply chain problems while demand is weakening. A post-pandemic reshuffle is in the making, with demand weakening and supply becoming less disrupted. Energy remains the key downside risk. By Bert Colijn...

The US has seen a rebound in manufacturing and industrial output, coupled with a decent performance from the consumer sector and net trade and inventories being less of a drag. These factors put together support our view of 3%+ GDP growth in 3Q. However, the housing market, a weak...

Total industrial production increased 0.6 percent in July after being unchanged in June. Over the past year, total industrial output is up 3.9 percent and is at an all-time high. Total vehicle assemblies rose to 11.04 million at a seasonally-adjusted annual rate. That consists of 10.7...

The second quarter was dominated by negative market sentiment amid worries over skyrocketing inflation and the risks of a global recession. The broad market selloff over the past few months led almost all markets to finish the second quarter with negative returns in U.S. dollars and l...

Heidrick & Struggles International generated revenues of over $300 million and a net income of $24.1 million in Q2 2022. In addition, Heidrick & Struggles had $336.6 million in cash as of June and there were no debts. The market valuation of Heidrick & Struggles has sl...

Two opposing forces appear to be dominating the market currently, with investors polarized between recession fears and bargain hunting following this year’s large equity selloff. Investors priced in most central bank tightening and seem more confident with the inflation outlook...

The inflation fears led to concern that the Fed would raise interest rates by a full percent when they next meet and that in turn produced selling in stocks. Non-US stocks continue to struggle and that will probably be the case until the dollar comes back down. Economies are big c...

As companies adjust to inflation, rising interest rates, and a likely economic slowdown, investors are struggling to compute future earnings and the impact on stock valuations. Broadening the sources of stability can help diversify risk and return potential. Geopolitical risk and ...

KAR Auction Services hosted an investor update outlining its updated guidance numbers post-sale of its physical auction business. With secular growth and margin tailwinds intact over the long term and the financing arm also holding up well, there is a lot to be optimistic about. K...

Stock is down over 40%, and now is off bullish lists. Inflation and Ukrainian crisis has weighed, as has increased investment into operations on earnings. This is a great trading stock with a strong dividend to offset losses here. Even with EPS declines, we see value here as t...