QQD News and Press, Simplify Growth Equity Plus Downside Convexity ETF From 01/13/23

Summary I still maintain that inflationary pressures peaked in June and will continue declining - I expect core-goods deflation in 2023. The month-over-month headline inflation rate actually came in negative 0.1% for December – the first time in over two-and-a-half years. The...

Summary The preliminary January results from the University of Michigan Surveys of Consumers show overall consumer sentiment improved for the month but remains low. The current-economic-conditions index rose to 68.6 versus 59.4 in December. The overall levels of consumer sentiment m...

Summary In this post, we provide our key assumptions and outlook for 2023. We are relatively more optimistic than most, as we believe that we are already in the mid-late innings of this downturn. We believe that stabilizing interest rates will provide a base for valuations and expec...

Summary The SPX has recovered by nearly 15% from the extreme low of around 3,500. Since the bottom, price action and the technical image are improving. Moreover, several constructive fundamental factors could propel the rally to new highs. We can reassess the SPX, market conditi...

Summary Inflation is moving down. Fed actually has a more preferred measure of core inflation, which is core Personal Consumption Expenditures. The Fed is saying that a shallow recession basically is on the horizon. In our latest "Talking Markets" podcast, we meet with r...

Summary Inflation pressures were worse in the first half of last year at a time when the economy suffered two quarters of negative growth (inflation-adjusted), while inflation declined significantly in the second half, when the economy enjoyed two quarters of roughly 3% growth (inflation-ad...

Summary The latest CPI report for the United States suggests that the inflation spike after 2020 was transitory in the rather weak sense that I understood the term “transitory”. Obviously, the people who argued that inflation would subside in late 2021 - which was a consen...

Summary Services are nearly two-thirds of consumer spending. That’s where inflation is now raging. The Fed has been talking about services for months. The CPI for services spiked by 0.6% in December from November, and by 7.5% year-over-year, the worst year-over-year increase sinc...

Summary According to the BLS report, price inflation during the month decelerated slightly, coming in at the lowest year-over-year increase in fifteen months. According to the BLS, Consumer Price Index (CPI) inflation rose 6.5 percent year over year during December, before seasonal adju...

Summary Initial jobless claims posted another low reading in the latest print, with national seasonally adjusted claims totaling only 205K. That was down slightly from 206K the previous week; a number revised up by 2K. After that revision, this week’s reading was the stronges...