QVMS News and Press, Invesco S&P SmallCap 600 QVM Multi-factor ETF From 01/05/23

Summary The massive Deficit down-spike in March fully reversed and has continued reversing sharply in the latest month after a brief hiatus. Even with the recent drop in November, the YTD deficit is still at all-time highs. The falling trade deficit is a result of falling imports no...

Summary Initial claims for regular state unemployment insurance fell by 19,000 for the week ending December 31st, coming in at 204,000. When measured as a percentage of nonfarm payrolls, claims came in at 0.145 percent for November, up from 0.140 in October and above the record low of 0...

Summary A quick history of the last 4 bubbles. Why we keep bubbling. The bubble feeders. Bubble investment strategies, short term and long term. A quick bubble history. Since getting involved with the stock market in the mid-'80s, I've experienced four major bu...

Summary The FOMC December Fed minutes delivered a very clear and unmistakable message. The Fed needs financial conditions to tighten and remain tight. The December Jobs report is going to be a very big test for the market's resolve to fight the Fed. For further...

Summary 2023 has come in like an ongoing bear for stocks and commodities, while government bonds have seen their best start to any new year in more than 20 years. Stocks remain especially vulnerable since, even with last year’s drubbing, they enter 2023 still at the high end of h...

Summary They say there are five stages of grief; the same might be said about bear markets as investors typically go through a similar process beginning with denial. Even after last year’s decline in stock prices, valuations remain more extreme than at any point in time outside o...

Summary The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy decreased. Today’s job openings data suggest the labor market maintained resilience through November. While the low number of av...

Summary The use of margin (borrowed funds) and futures to enhance returns is a reflection of investor optimism/pessimism. The Year-over-Year change in margin use reflects the rapid development of pessimism of past significant buying opportunities. The current environment is as pessi...

Summary Today’s data offer further evidence that labour demand remains strong despite clear signs of a weakening economy. Labour data is a lagging indicator though and with CEO confidence at the lowest point since the Global Financial Crisis, we expect a more defensive stance of ...

Summary The upsides to falling demand and spare capacity were fewer supply constraints and a further marked moderation of price pressures. While Japan's factory output downturn likewise moderated slightly, it remained among the sharpest witnessed over the past decade. Future output ...