PSCM News and Press, Invesco S&P SmallCap Materials ETF From 12/08/22

Summary Global business conditions worsened in the penultimate month of the year according to the JPMorgan Global Composite PMI, compiled by S&P Global. New order expansions were seen in merely three of the 21 sectors tracked by the global PMI - software & services, pharmaceutic...

Summary We expect macro headwinds will continue to pressure U.S. corporate earnings in the coming months. We expect earnings expectations to decline as multinational firms realize foreign exchange headwinds that accelerated over the past year. Investors can avoid undue interna...

Summary We believe that cash flow and debt sustainability are likely to become increasingly important as real economic growth slows and credit access tightens. Cash flow provides a link between a company’s income statement and their balance sheet. Focusing on the Russel...

Invesco SmallCap Materials ETF (PSCM) - $0.1361. 30-Day SEC Yield of 0.93% as of June 17. Payable June 30; for shareholders of record June 22; ex-div June 21. For further details see: Invesco SmallCap Materials ETF declares quarterly distribution of $0.1361

According to the leading indicators of economic growth, the business cycle looks set to enter a period of material deceleration in the months ahead. This growth downturn is a continuation of the slowdown that began in the latter half of 2021. Combined with this downturn in growth, the...

The paper company Sylvamo has generated fantastic capital gains since separating from International Paper in October 2021. The valuation on the basis of earnings is still solidly in value territory, shareholders will begin receiving dividends in July, and a share repurchase program wa...

The stagflation scenario got a little more traction last week with the release of a negative Q1 GDP print on Thursday and hints of more inflation on Friday. April was a really rotten month with everything down but the general commodity indexes. Investing is mostly an exercise in s...

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...

Invesco SmallCap Materials ETF (PSCM) - $0.1093. 30-Day SEC Yield of 0.69% as of March 18. Payable March 31; for shareholders of record March 22; ex-div March 21. For further details see: Invesco SmallCap Materials ETF declares quarterly distribution of $0.1093

Headed into the 2021Q4 earnings season, the materials sector had the 2nd highest revenue and earnings growth estimates. Revenues were ahead of expectations as 75% of companies reported better than expected results and materials had the 2nd highest revenue growth rate (27.0%). Desp...