QQD News and Press, Simplify Growth Equity Plus Downside Convexity ETF From 12/12/22

Summary I'm sticking with 4300 as my target by year-end. China is reopening, so higher oil, and natgas prices. Since the bulk of S&P profits is energy related is a plus. PPI is actually still in a downtrend, and I have good reason to believe that the CPI will behave differently sinc...

Summary We enter the Fed's interest rates decision week with November's CPI print on tap on December 13. All eyes will be on Powell's press conference on December 14. We discuss why market strategists positioning extreme pessimism augurs well for the US equity markets moving over the ne...

Summary While it’s not exactly the best of times for services industries, they are holding up relatively well. The recent equity market rally appears to have more to do with the anticipation of less aggressive U.S. Federal Reserve policy than with resilient economic data. The...

Summary Sentiment around December 13, ’22 CPI release is expecting a weak number. If inflation would capitulate and show some breakage, it would give Powell and the FOMC room to temper fed funds rate hikes, but food/grocery inflation seems to be remaining stubborn. A sharp dr...

Summary US: Two blockbuster events will have Wall Street on edge as the disinflation trade may have gotten ahead of itself. EU: The ECB meeting next week promises to be a defining moment in the bloc’s fight against inflation. UK: It’s all going on in the UK next week. ...

Summary Half of the G10 central banks meet in the week ahead. It is no longer about when US inflation will peak, but how fast it will come down. The core rate is of critical interest. Half of the G10 central banks meet in the week ahead. The Fed is first on December 14...

Summary The Fed needs to deliver a hawkish message for 2023 at the December FOMC meeting. It seems highly probable the Fed will signal a 5% or higher terminal rate for 2023. If the Fed fails, it risks losing control of the market. The FOMC meeting on Wednesday, December 14...

Summary A liability is money that the Fed owes some other entity - in this case, money that the Fed owes the US Treasury Department. if the average combined balances in 2023 of reserves and overnight RRPs is $4.5 trillion, and if the Fed pays an average of 5% on these balances, it will ...

Summary Recent levels for the equity put/call ratio suggest investors are exhibiting extreme equity market bearishness. A cluster of readings above 1.0 have occurred since November. P/C ratios above 1.0 signal overly bearish sentiment from the individual investor, as put volume outpaces...

Summary Year-over-year CPI is backing off its June highs of 9.1%, prompting the Fed to slow its pace of rate hikes. Currently at 3.78%, Morgan Stanley forecasts a peak Fed Funds rate of 4.5-4.75%. Though a soft landing may be possible with a continued tight labor market and an early...