QQQE News and Press, Direxion NASDAQ-100 Equal Weighted Index Shares From 09/29/23

2023-09-29 07:30:00 ET Summary The combination of easing inflation and a cooling labor market has fueled “soft landing” hopes among economists and Federal Reserve officials. Economic growth, the labor market, and consumer spending proved unexpectedly resilient despit...

2023-09-26 10:10:00 ET Summary Late last year, and into early 2023, the crowd was all in on the inevitability of a US recession starting in the near future. As noted by CapitalSpectator.com last week, recent nowcasts from a range of sources reflect a median nowcast of 3%-plus grow...

2023-09-25 04:59:00 ET Summary Higher for longer means the Fed could maintain the fed funds rate at its current level and let the economy weaken in order to get inflation down to the 2% range. If crude oil and the dollar break lower, it might bring the 10-year Treasury yield back ...

2023-09-21 21:30:00 ET Summary The Fed’s September 2023 decision not to change interest rates highlights two problems in monetary policy: time lags and uncertainty of economic models and forecasts. The good news is that we have more non-government data sources than ever bef...

2023-09-20 14:04:20 ET More on Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares For further details see: Direxion NASDAQ-100 Equal Weighted Index Shares declares quarterly distribution of $0.1652

2023-09-19 07:30:00 ET Summary The probability the U.S. economy will experience an official period of recession has begun to recede. The Recession Probability Track shows the current probability of a recession being officially determined to have begun sometime in the next 12 month...

2023-09-15 08:15:00 ET Summary The US economy is showing progress in addressing inflation, but the Federal Reserve is likely to maintain a "higher for longer" policy. Weakness in the labor market and signs of a rebalancing may give the Fed comfort in cooling the economy and return...

2023-09-13 21:34:00 ET Summary With 525 basis points' worth of cumulative Federal Reserve rate hikes in the books, the U.S. economy may still not be completely out of the woods. While real GDP has been enjoying growth of around 2%, GDI has either been negative or just barely posit...

2023-09-13 13:00:00 ET Summary Some analysts who favor one or two indicators to forecast US recessions have had a rough year. For now, the probability that a recession has started, or is about to start, remains low, based on another indicator featured in The US Business Cycle Risk...

2023-09-12 14:00:00 ET Summary Unemployment rises during recessions, but not as much as we seem to fear. The average time spent unemployed increased by less than one week during recessions. Mortgage delinquencies rise in recession by less than two percentage points. ...