RZG News and Press, Invesco S&P Smallcap 600 Pure Growth From 09/12/22

Summary England and Europe’s near-total reliance on Russia for their energy needs has prices spiking massively the last several months. We are starting to see the latest government bailouts - those of utilities. We feel that the only real consequential downside moves in the...

Summary The U.S. stock market found some renewed life late last week. Despite the recent rally, anticipate more U.S. stock downside ahead. Technical resistance remains heavy. Fundamental challenges remain, including a renewed and persistent widening in CCC and lower spread...

Summary After a sharp decline, the US equity market appears to be in the process of emerging from oversold technical conditions and from behavioral conditions characterized by unusually intense bearishness. We expect US macroeconomic data in the next few weeks to be supportive of ...

Summary The 2022 bear market cycles continue to track the 2008 cycle close. The cycles suggest this may be one of the most pivotal weeks of the year. At the same time, we get the all-important CPI report. If history has any say, this week may be one of the most pivot...

Summary Household Net Worth dropped $6.1 TN during Q2, the largest decline since Q1 2020. There was the sharp drop in perceived wealth, along with a meaningful tightening of market financial conditions. Driven by a sharp reduction in Treasury borrowings (from 10.22% to a 5.56%...

Summary Why were markets getting it wrong about a possible Fed pivot? Why will the Fed continue to hike despite slowing growth? The Fed is pushing its determination to fight inflation. Why are some investors not listening? Greg Bonnell My next guest s...

Summary Falling stock prices hit household wealth. Household wealth is still up massively on pre-pandemic levels. Strong balance sheets will help the US weather the economic storm. By James Knightley, Chief International Economist The hefty falls in equity ...

Summary At the Jackson Hole Summit, Jerome Powell made it clear the Federal Reserve remains focused on combatting inflation despite recession signals rising in tandem. While the Federal Reserve is focused on fighting inflation and willing to cause “some pain” to achi...

Summary The hawks won the front-loading argument and the ECB’s council unanimously decided to raise all key rates by 75bp. The growth forecasts, while lowered, do not project a recession next year and thus provide the leeway for more forceful action. Markets now see a 5...

Summary The main economic data release for the trading week is the US inflation report. The UK economy is in a precarious position and facing a recession. Chinese President Xi is expected to meet with Russian President Putin at the Shanghai Cooperation Organisation summit in U...