QQXT News and Press, First Trust NASDAQ-100 Ex-Tech Sector Index Fd From 03/16/23

2023-03-16 23:29:00 ET Summary The recent disarray in the banking system appears to have caused fundamental changes to the near-term course of the economy. The expected recession is now more likely and will probably occur sooner. As the economy slows sooner, inflation may move...

2023-03-14 06:20:00 ET Summary Recession indicators are concerning. Bank runs are particularly concerning. Certain companies may outperform in a recession. As negative economic and financial news piles up, there are increasing concerns about a potential upcoming rece...

2023-03-11 02:24:27 ET Summary The Fed “pivot” which is “higher for longer” and the implications. We believe that the Fed is well aware of the need for a continued hiking process and therefore staying “higher for longer”. Volatility mo...

2023-03-08 10:00:00 ET Summary US recession risk is high, unless it’s not. Forecasting is hard, but almost every effort to project data benefits by combining estimates from several models. The Composite Recession Probability Index has yet to signal a high-probability es...

2023-03-07 16:18:00 ET Summary When the market first bottomed in the spring of 2020, the initial rally was driven by technology and growth companies. While a slower economy and a less hostile rate environment favor growth, the value differential still tilts toward value. For i...

Summary US economic activity looks strong or weak, depending on the data sets you choose to craft a narrative. Job postings on Indeed.com, a jobs platform, suggest that the recent strength in the labor market is reversing and that rise in job openings will continue to reverse. The u...

Summary For the month of February, the S&P 500 Total Return Index ended down -2.4%. What disrupted the January rally? During the month, we received some affirming data that the economy may be on firmer footing than economists previously thought. But markets are worried that such str...

Summary Classic inflation hedges still play vital roles in inflation-protection strategies. Investing in future-resources equities requires balancing forward-looking optimism with pragmatism. Style-balanced construction would require more trading and rebalancing than a simple cap-we...

Summary US growth stocks were hit hard in last year’s downturn, with the mega-caps accounting for nearly half of the market’s decline. Some mega-caps will retain dominant business positions and may continue to offer attractive investing opportunities. By positioning be...

Summary Since late 2022, the stock market pundits have been obsessed with a “soft landing”. The Fed is looking at the inflation figures coming in and they will need to keep interest rates higher for longer. The bond market has also been signaling that rates are headed high...