RSP News and Press, Invesco S&P 500 Equal Weight From 12/17/23

2023-12-17 03:24:54 ET Summary In 2023, the dominant investment strategies revolved around the Magnificent 7, driven by the AI narrative and investors opting for money markets for their yields. In this market climate, Verizon Communications Inc. has notably underperformed, but it ...

2023-12-15 10:40:00 ET Summary Unemployment fell to 3.6% in March 2022. Now it’s 3.7%. If it’s still relatively low in March 2025, and if inflation has fallen close to the Fed’s 2% target, then the US will have achieved its first ever soft landing. In the ...

2023-12-15 09:25:00 ET Summary Despite indicators suggesting recessionary risks, the financial markets surged roughly 20% to date. The result of the increase in wealth effect has been a sustained improvement in consumer confidence, which supports economic growth. Given the unc...

2023-12-15 01:07:38 ET Summary I was way off in my 2023 prediction for the S&P 500 but corrected some model errors to improve my prediction for 2024. The bear market appears to have ended in October 2022, making it shorter than the long bull markets on which I based my 2023 fo...

2023-12-13 11:53:12 ET Summary iShares MSCI USA Equal Weighted ETF is an equal-weight ETF with a portfolio of 610 companies. It is well-diversified across sectors and holdings. Compared to RSP, EUSA is tilted to mid-caps. RSP is a larger and more liquid fund. An equal weig...

2023-12-13 09:30:00 ET Summary Stocks have been soaring for the past six weeks, with the S&P 500 and Russell 2000 index both experiencing significant gains. The bond market has also seen a recovery, with the iShares Aggregate Bond ETF surging 4.7%. Investors believe that i...

2023-12-12 12:15:00 ET Summary Key drivers of the strong performance for the US stock market this year are technology and consumer discretionary sectors, based on a set of ETF proxies through Dec. 11’s close. Technology Select Sector SPDR Fund is leading the field with a wh...

2023-12-12 11:56:00 ET Summary The probability the U.S. economy will experience an official period of recession sometime in the next twelve months continued to recede during the past six weeks, currently standing at 67%. The probability peaked at 80.8% on 25 July 2023, just before...

2023-12-10 04:09:00 ET As the end of the year approaches, many investors are looking to make changes to their portfolios. Those who can successfully anticipate which new investing themes will emerge next could get ahead of the trend-following crowd. Moreover, after so many investors got sur...

2023-12-08 02:30:00 ET Summary Recent US inflation data shows that core PCE is close to the Fed's 2% target, indicating that the Fed may be done with its hiking cycle. The peak in the 10-year Treasury may have already been reached, with a 70 basis point decline in November. Th...