RZG News and Press, Invesco S&P Smallcap 600 Pure Growth From 08/19/22

Jackson Hole has been heavily discussed since the Fed’s supposed “dovish pivot” last month when it adopted a more data-dependent stance. While policymakers have pushed back against the idea of a pivot, markets have continued to price in a slower path of tightening...

Since the stocks touched lows in mid-July, the S&P 500 index is up by as much as 17%. Notably, this is an annualized performance of more than 200%! The current macro-economic environment paired with the market’s high valuation implies one of the most unfavourable risk/rewar...

Inflationary pressures have eased in recent months thanks to reduced supply-chain frictions and the commodity market coming off the boil. Slower input cost inflation reflected an easing of pressures among both manufacturers and service providers. With staff shortages continuing gl...

Bullish sentiment continued its recent run of increases according to the weekly AAII individual investor sentiment survey. Hitting 33.3% this week, bulls are at the highest level since the last week of 2021. That 2022 is nearly 2/3 complete and we still haven’t seen a bulli...

Initial claims for regular state unemployment insurance fell 2,000 for the week ending August 13th, coming in at 250,000. The large downward revision for the prior week’s data combined with the latest week indicates that the recent sustained upward trend may be flattening. ...

Total employment has fully recovered all pandemic losses, but the labor force participation rate has not fully recovered. The employment count comes from every large corporation and a sample of small and medium businesses. The economy that has regained 100.1% of its past decline i...

We expect inflation to moderate to a lower level than where it is now by the end of the year, but still be uncomfortably above the Federal Reserve target. I believe there’s a good case to be made for investors getting into the market now; we just need to debate how and where. ...

Many investors like to use price-to-earnings ratios as a short-hand valuation tool for both individual equities and the broad stock market. Today, the S&P 500 Index sports a price-to-earnings ratio of 21 on trailing 12 months’ operating earnings and 18 on analyst estimates ...

Even if inflation slows, the Fed is unlikely to step off the rate hike gas. Why it's time to beware of the bear market rally. Inflation or slowing growth, which is the bigger risk? Equity markets have been climbing their way back from the lows reached in June. Th...

When the market was overly bearish, we got the current rally to 4300SPX. The market is going to decide how it will take shape for the next 18 months over the coming 2-3 months. We are looking for a specific set-up to point us back up towards the 5500SPX potential again. ...