QQXT News and Press, First Trust NASDAQ-100 Ex-Tech Sector Index Fd From 07/19/23

2023-07-19 06:36:00 ET Summary Nasdaq’s plan to reconfigure the weights of its constituents should prompt investors to think about the broader concentration risks in US equity markets, particularly in passive portfolios. Concentration risks extend beyond Nasdaq. The broader...

2023-07-19 04:54:00 ET Summary The yield curve is the difference between the current 10-year T-Note yield and the 2-Year T-Note yield. The Fed Funds Rate is the rate the Fed sets on overnight money to establish the demand for money necessary to get inflation to its 2% target. ...

2023-07-18 06:30:00 ET Summary Inflation dominated the headlines and there was widespread consensus among economists that a recession was imminent. The Fed has raised the Fed Funds rate multiple times this year, but those rate increases have clearly done nothing to slow the econom...

2023-07-18 05:20:00 ET Summary While we made it to fresh 2023 highs on the back of the good CPI numbers released last week, the stock market averages tended to make most of their gains in the pre-market session. The S&P 500 has already notably undercut the 50-day moving averag...

2023-07-17 07:35:00 ET Summary Is the Fed responsible for the drop in the inflation rate? If not, what does that imply about future policy and inflation? The 10-year/3-month Treasury spread has been inverted since last year, and that has been a reliable predictor of recession in t...

2023-07-17 07:00:00 ET Summary Economically or cyclically oriented sectors have performed the best this year. The equity market is telegraphing a recovering or expanding economic environment. With the economy possibly set to regain some momentum, favorable returns seem a likel...

2023-07-16 05:30:00 ET Summary Obviously, AI has supercharged the indexes, for the S&P 500 and the NASDAQ. Small businesses tend to feel the impact of monetary tightening with a lag compared to larger companies. The Fed, although they haven’t come out and said it, t...

2023-07-15 02:25:00 ET Summary For months, many leading indicators of economic activity have been signaling a future recession. The full effects of policy rate hikes are only now just starting to emerge, and should increasingly impact the real economy in coming quarters. While...

2023-07-15 00:36:23 ET Summary The article suggests that a recession is likely to start within the next year, based on economic theory and history. I discuss the Austrian Business Cycle Theory, which states that monetary expansion can lead to a misallocation of resources, causing ...

2023-07-12 21:12:00 ET Summary The yield curve spread that most accurately forecasts recessions is that between the 10-year Treasury bond yield and the 3-month Treasury bill rate. Fed economists and policymakers are also predominantly Keynesian, so they believe in the Phillips Cur...