QVMS News and Press, Invesco S&P SmallCap 600 QVM Multi-factor ETF From 11/10/22

Summary We summarize key data and provide in-depth analysis of the monthly Consumer Price Index (CPI) report released by the U.S. Bureau of Labor Statistics (BLS). All Items and Core CPI inflation were significantly below expectations. Results were significantly impacted by "o...

Summary After leading the global equity selloff earlier this year, US small caps have begun showing signs of life since summer. The US stock rally in October was dominated by a strong broad-based rebound in cyclical stocks. After a long stretch of playing second fiddle to larg...

Summary Almost half of the option contracts being traded on the S&P 500, to the tune of $300 billion of notional each day, have one-day expiries or less. Across all listed ETFs and indices, an astounding $1 trillion of notional value in put options (bets that an index or ETF w...

Summary What strong jobs numbers may mean for interest rates going forward. U.S. employment data may have been mixed, but likely not enough to sway the Fed. How do we know we've reached peak job creation? Resilient job markets in both Canada and the U.S. coul...

Summary The U.S. Bureau of Labor Statistics reports the seasonally-adjusted number of employed teens rose by just 27,000 in October 2022, with 5,592,000 teens counted as having jobs during the month. The BLS counted 2,193,000 working younger teens and 3,229,000 older teens within ...

Summary Equity investors have sustained significant losses this year and are facing a long list of new uncertainties. Although interest rates have risen sharply over the past two years, they’re quite low from a historical perspective. Looking back two decades from Octob...

Summary There is a midterm election. But we are also at a pivotal point of the business cycle where the U.S. Fed is on a warpath against high inflation, 30-year fixed mortgage rates have more than doubled, leading economic indicators are slowing, and equities and government bonds are ...

Summary The view that inflation will be around for some time is growing. The recent CPI numbers have come in hotter than expected. The elephant in the room remains that restrictive monetary policy means that liquidity is vanishing and the risk-reward for loaning money on a pro...

Summary The midterm election is historically a negative for the president’s party, and this year is expected to be no different. Thinking people might consider how a shift in US Senate seats can ameliorate the most significant monetary contraction and real estate-led global...

Summary The headline index fell to 91.3 from last month’s reading of 92.1 versus expectations of 91.4. The headline index is now just off the bottom decile of readings, as most components are likewise historically depressed. Sales components have experienced far greater...