RYU News and Press, Invesco S&P 500 Equal Weight Utilities From 05/09/22

Healthcare, Staples, and Utilities continue to outperform as selling intensifies in the growth style. Investor positioning is still light in the space – even after a year of alpha. While absolute valuations have turned somewhat pricey, the defensive supersector shows decent...

Utilities industries are overvalued by 25% to 34% relative to 11-year averages. Quality scores don’t justify such overvaluation. VPU: an alternative to XLU. 10 utilities stocks cheaper than their peers in April. For further details see: VPU: Utilities Dashboar...

Utility stocks normally suffer when bond yields are rising, which typically occurs when the economy is strengthening, but the current round of higher yields has helped utility shares, and Barron's believes their run-up is not over. Today's higher yields are a result of the Fed trying to slow ...

In a "game changer for New York's transition away from fossil fuels," state regulators approved on Thursday a $4.5B project by Canadian public utility Hydro-Quebec to supply hydropower to New York City, with construction expected to begin this summer and completion scheduled for 2025. New Yor...

Typically, we look at net new highs as a way to confirm moves in the broader market. At the high last Wednesday, over 90% of S&P 500’s new highs came from defensive sectors. In other words, defensives have been a notable pocket of strength recently. For further de...

The broader equity categories turned in negative results in Q1. U.S. large-cap stocks, as measured by the S&P 500 Index, held up the best at a decline of 4.6%. Bonds performed worse than many of the equity categories, despite typically being viewed as a safe haven investment. In t...

A low dividend yield for utilities stocks suggests low returns for the remainder of the decade. The dividend yield on utilities is now lower than the yields on long-term Treasuries, and this has historically suggested low utility returns relative to bonds. The stock market as a wh...

Does the yield curve inversion cause a recession or does it just provide a signal? Is the inversion only about expected future monetary policy? Do other factors also influence the shape of the curve, and if so, can we disentangle the various factors? There is a lot that we don’...

Wall Street has been on edge lately, with financial markets roiled by a host of factors: yield curve inversion, rising inflation, rate hikes, a possible recession and geopolitical tensions. In this environment, it’s no surprise that exchange traded funds focused on defensive stocks hav...

Inflation expectations have kept the Federal Reserve center stage as they commenced their interest rate rising cycle in March. The war in Ukraine and Omicron’s spread in China impacted inflation and supply chains differently, but both delay supply chain normalization. Regar...