PSCI News and Press, PowerShares S&P SmallCap Industrials Portfolio From 03/23/22

The latest release of the Richmond Fed’s index saw the composite reading rise by 12 points to 13 rather than the modest single-point increase that was expected. The one-month swing in the composite index was on the large side relative to the report’s history. Given t...

Invesco SmallCap Industrials ETF (PSCI) - $0.1314. 30-Day SEC Yield of 0.51% as of March 18. Payable March 31; for shareholders of record March 22; ex-div March 21. For further details see: Invesco SmallCap Industrials ETF declares quarterly distribution of $0.1314

Total industrial capacity utilization increased 0.3 points to 77.6% from 76.3% in January, the highest since March 2019. Manufacturing output – about 74% of total output – posted a more robust 1.2% increase for the month. All other industries combined (total excludin...

Almost every commodity rose in prices last week, as did the dollar. Those two factors - rising dollar and rising commodity prices - mean the likelihood of recession in the coming year has risen significantly in just the last week. There was considerable volatility in stocks last week,...

Russia’s invasion of Ukraine, the biggest conventional military attack in Europe since World War II, has wide-ranging implications for economies and markets around the world. Disruptions from this war and the higher energy prices that result could significantly dampen Europe&#x...

Recent weakness in industrial stocks suggests that the cycle is peaking. A combination of a long-term rotation out of tech stocks and a cyclical downturn is likely to result in a crash. Capital goods stocks are the core of industrials and they are declining across the board. H...

According to the Census Bureau’s latest report for the month of January 2022, seasonally adjusted sales by mostly online operators skyrocketed by 14.5% from December 2021. Census reported a huge increase in retail across most segments. Total retail sales were up an enormous 3.7...

Industrial production jumped 1.4 percent in January. This was led by an increase in utility output, which surged 9.9 percent for the month, with natural gas up 24.2 percent and electric up 7.6 percent. Manufacturing output - about 74 percent of total output - posted a modest 0.2 perce...

The positive result for the AIER Leading Indicators Index suggests continued economic expansion with the potential for a broadening of growth in the economy. Ongoing disruptions to labor supply and production, rising costs and shortages of materials, and logistics and transportation b...

In addition to the Atlanta Fed’s shocking GDP estimate of only 0.1% GDP growth this quarter, many U.S. statistics are turning down, in part due to rising inflation and some recent lockdowns due to COVID. Workers are still quitting in droves. The Labor Department reported that 4...