QVMS News and Press, Invesco S&P SmallCap 600 QVM Multi-factor ETF From 02/02/23

Summary January’s US index returns represented a complete inversion of 2022’s performance. International markets also started out the year with a strong rally - outperforming the S&P 500. The yield curve became more inverted in January, signaling potentially reduce...

Summary The leading indicators related to the labor market are deteriorating, signaling an imminent recession. Wage growth remains the key inflationary data point to follow. The stock market is not priced for the likely recession. An imminent recession The record inver...

Summary As economies both in the United States and globally weaken with tighter monetary policies, corporate earnings are coming under greater pressure. Without exception, in the 24 months prior to a recession, large caps outperformed small caps. Higher-quality investments did not m...

Summary The Fed raised rates by 0.25% annually at its meeting this week and indicated that further rate increases will be appropriate. But when the first question in the press conference (to paraphrase) was whether Powell was concerned whether the huge rally this year would fuel more in...

Summary The statement of the Federal Open Market Committee concerning the recent 25 basis point rise in the Fed's policy rate of interest was received fairly well in the financial markets. Still the main policy thrust by the Fed is the reduction of its securities portfolio through the p...

Summary Too many people still think that the Federal Reserve needs to continue aggressively raising rates. There's no need for aggressive hikes. Surprising the market with larger hikes would be extremely foolish and reduce the Federal Reserve's credibility. The market started ...

Summary The Fed's been tough on interest rates for some time now, and the S&P 500 and most markets haven't reacted well to the hawkish monetary stance. While the S&P 500 and most markets haven't responded well to the hawkish policy, we've seen inflation come down substantially, ...

Summary Most of the monthly short leading indicators have turned down; all but one of those which remain positive are employment-related. All of those will be updated this week, including 3 in the jobs report on Friday. Along with construction, manufacturing, and short-term unemploy...

Summary Better days are ahead for the markets in 2023, although not necessarily for the economy. The economy has not yet felt the full brunt of all of the Federal Reserve's aggressive tightening measures of 2022. Interest rates are likely to rise slightly higher, remain elevated, an...

Summary The Fed to signal an end to the interest rate hiking campaign. The economy could be in a recession already for 2023 Q1. The stock market is now more overvalued than in January of 2022. Market expectations vs the Fed's guidance The FOMC is scheduled to meet for ...