RSP News and Press, Invesco S&P 500 Equal Weight From 12/03/23

2023-12-03 04:00:32 ET Summary In 2023, AI and the Magnificent 7 took the lead, leaving non-tech blue chip companies trailing behind in the rearview mirror. Abbott Laboratories had a difficult last three years, with its stock price trading sideways as sales driven by COVID-19 plum...

2023-12-02 09:00:00 ET Summary Schwab's US Dividend Equity ETF (SCHD) has experienced poor performance, down over -4.45% in the past year. The popularity of dividend investing has caused dividend stocks to become overvalued, limiting SCHD's ability to find value. Vanguard's Hi...

2023-12-02 08:10:00 ET Summary Invesco's 2024 Investment Outlook discusses the balancing act between controlling inflation and preventing economic deterioration. The Federal Reserve is expected to begin cutting interest rates by the end of the first half of 2024. Investors sho...

2023-12-01 14:07:39 ET Summary The energy, financials, and real estate sectors have attractive value and quality scores. Technology and industrials are overvalued by more than 20% relative to the historical baseline. The stock market has been significantly skewed by mega-cap c...

2023-12-01 08:25:00 ET Summary Wall Street economists predict a "soft landing" or no recession in 2024, despite recessionary indicators suggesting otherwise. The yield curve inversion is a warning sign of a recession, with the un-inversion marking the start of the recession. O...

2023-11-28 15:33:23 ET Summary Despite earnings being flat year-over-year, the S&P 500 is up nearly 20% in 2023, driven by speculation in mega-cap tech stocks. Valuations are stretched and 2024 earnings estimates are implausibly high given the timing of the business cycle. Lar...

2023-11-28 05:51:00 ET Summary Equities have an important role to play in a diversified allocation today, to help hedge against inflation and to navigate a lower-growth environment. This year, the ERP for US stocks has declined. Our ERP metric shows the earnings yield of the S&...

2023-11-28 00:51:00 ET Summary Market-cap-weighted equities in the US space, which are dominated by big-tech, are far and away the year-to-date leader, based on a set of ETFs through Friday’s close (Nov. 24). The iShares Technology ETF, which is heavily weighted in the like...

2023-11-27 20:47:00 ET Summary The Thanksgiving holiday-shortened trading week saw the S&P 500 close at 4559.34, up 1.0% from the previous week's close. October 2023's short-term spike in long-term U.S. Treasury rates occurred just one month ago, so the model's raw projections...

2023-11-27 08:33:00 ET Summary While there has been a sharp decline in the expected Q4 ’23 S&P 500 EPS growth rate from 12.7% on 9/30/23 to 5.4% on 11/24/23, this is less worrisome given the y.y compare with Q4 ’22. The S&P 500 has not made a new high since t...