QQQ News and Press, PowerShares QQQ Trust Ser 1 From 06/28/24

2024-06-28 11:00:02 ET Summary Personal spending data was soft. PCE inflation data was soft. The data confirm the US economy is slowing and inflation is decelerating. The Bureau of Economic Analysis ((BEA)) has just released its estimate for May 2024 US Personal Co...

2024-06-28 10:30:00 ET Summary U.S. stocks held onto gains in the second quarter, even as concerns over stubborn inflation, strong economic data and reduced expectations for Fed rate cuts sprinkled cold water on the Q1 hot streak. Macro factors still hold sway over daily moves at ...

2024-06-28 10:14:34 ET As the first half of 2024 wraps up, the financial community now shifts its attention towards Q3 and where markets are potentially headed. Russell Investments argued that there is still no clear answer to this year's question of 'is the economy headed towards a no, sof...

2024-06-28 09:21:36 ET Summary The S&P 500 index continues to reach all-time highs despite skepticism, driven by optimism surrounding AI and subsequent improvements in margins and earnings. Despite its exceptional strength of late, I think the S&P 500 index is likely to fe...

2024-06-28 09:15:00 ET Summary Longer-term government bonds, corporate bonds, and stocks have historically returned more than cash. One of the risks of short-term investing is not being able to reinvest the money at the same rate. Reinvestment risk is among the biggest challen...

2024-06-28 08:19:43 ET For the first week in three, the financial community found themselves to be overall net sellers of fund assets, which included both exchange traded funds and conventional funds for the week that ended June 19. In total, market participants removed $30B from the fund s...

2024-06-28 07:15:00 ET Summary The US dollar is narrowly mixed as North American participants prepare to return for the last session of the first half. The large bourses, but India, rose in the Asia Pacific region. Benchmark 10-year yields are 1-4 bps higher in Europe, and the...

2024-06-28 06:30:00 ET Summary We’ve had an economic boom of investment in AI, manufacturing and infrastructure over the past 18 months. Secular trends like electrification, AI, a space-based economy are real. Valuations for companies involved in equipment investment fo...

2024-06-28 06:15:00 ET Summary Historically, the US stock market, on average, has performed well in the early stages of a Federal Reserve easing cycle. The expectation of an easing cycle and the normalization of the yield curve could help to again broaden market participation. ...

2024-06-28 04:00:00 ET Summary During LSEG Lipper’s fund flows week that ended June 19, 2024, investors were overall net redeemers of fund assets for the first week in three, removing a net $30.0 billion. Taxable bond funds, alternative investments, and tax-exempt bond fund...