QQXT News and Press, First Trust NASDAQ-100 Ex-Tech Sector Index Fd From 05/02/23

2023-05-02 20:47:03 ET Summary The Leading Economy moved into recession last year. The Cyclical Economy is entering recession now. The Total Economy will not be immune from recession. A look at historical lead and lag times and what happens next. The US economy has b...

2023-05-01 13:10:00 ET Summary It appears the recession is right around the corner. As the recession begins, the yield curves will begin to steepen. The 2s10s have started but the 3m10s has not budged. The market can stay irrational for a long time, but in addition, this is th...

2023-05-01 12:07:00 ET Summary Last week’s GDP report was not some kind of near miss, something that could be interpreted as negative if you just squint and employ a little confirmation bias. Real estate had another up week and continues its recovery. There are certainly so...

2023-05-01 05:05:00 ET Summary What’s up with this foursome? Treasuries and gold maybe, but Nasdaq and Bitcoin do not compute. Historically, gold is not a glistening investment. We have seen the infatuation with tech before, and it has not ended well. Bad recol...

2023-04-29 07:21:00 ET Summary The NBER is notoriously slow in identifying when the business cycle in the U.S. either peaks before going into recession or troughs when coming out of one. Analysts have built models to try to predict the timing of when the country's business cycle h...

2023-04-29 07:00:00 ET Summary The US economy expanded at a much slower rate than expected in the first quarter, a prelude to recession, according to some forecasters. But there are clues that suggest the economy is stabilizing at a sluggish pace rather than tumbling into recessio...

2023-04-24 14:08:00 ET Summary Yield curves and credit spreads are good indicators but the former aren’t particularly timely and the second can provide a lot of false signals. Interest rates rose last week but the short-term trend for the 10-year Treasury yield is still dow...

2023-04-23 06:48:00 ET Summary The sources of the immense water pressure causing cracks in our economy are high inflation, leading to high-interest rates and too much debt. Our long-term view on elevated inflation is based on structural supply and demand imbalances, most notably i...

2023-04-21 16:28:00 ET Summary Yesterday’s release of the Leading Economic Index from the Conference Board appears to settle the matter in favor of recession, but real-time analysis isn’t as clear-cut as this indicator suggests. The consultancy forecasts “econ...

2023-04-20 20:54:13 ET Summary The Fed says we will have a mild recession. Credit conditions are tightening just when the U.S. consumer needs credit the most in a decade. Recessionary trends are hinting at something bigger than mild. The last time the Fed said the recessio...