RZG News and Press, Invesco S&P Smallcap 600 Pure Growth From 09/27/22

Summary Markets are entering a new era, where inflation slowing growth are the new normal. Why we may be entering a period of deglobalization. Why the next decade may look very different from the last for investors. Equity markets have been grappling with hig...

Summary The month of September is living up to its reputation as one of the worst-performing months during a year. In just the past two weeks alone the S&P 500 Index is down 9.53%. The equity market weakness has pushed the S&P 500 Index down to a level that is testing the ...

Summary Many central banks aren’t acknowledging the extent of recession needed to rapidly reduce inflation. Markets haven’t priced that, so we shun most stocks. Yields surged after more rate hikes and the UK’s fiscal splurge news. We cut UK gilts to underweigh...

Summary The Fed raised interest rates to 3-3.25% at its Sept 2022 meeting and reiterated its commitment to keep at it, projecting interest rates at 4-5% for the next 2 years. This article shows 5 scenarios of what could happen based on historical comparisons. Do not try to pre...

Summary Federal Reserve Chairman Jerome Powell has confirmed the central bank's hawkish policy turn. The anti-inflation strategy features demand destruction and labor market imbalance correction. This will almost certainly lead to rising unemployment and a significant recessio...

Summary U.S. monetary policy continues to tighten while signs of recession are abound and a major speculative bubble unwinds. This was last attempted in late 1929 and exacerbated the ensuing stock market crash. Severe volatility should be expected if the Federal Reserve choose...

Summary Leading central bank interest rates, set by to fight inflation, are attempting to peak in the near future. With sub-4% rates for US Treasuries, 10-year high-grade corporates at 4.6%, and medium-grades at 5.23%, the premium for government paper appears to be in place. Howev...

Summary The Fed will hike until something breaks. And politicians in DC will not let Powell break inflation. Things are starting to break - the British pound, the Japanese yen, the German energy market. The market has been pinning its hopes on the idea that the Fed would pivot...

Summary As September winds down, three sets of economic reports will draw the most attention. Many will see the US PCE deflator as the key given the monetary cycle, but its thunder has been stolen. The Mexican peso is one of four emerging market currencies that have appreciate...

Summary Chinese big four bank CDS each surged about 10 bps, the largest single-session gains since the July 15th peak risk off. The dollar index gained 0.6% Tuesday, trading back above 110. EM currencies were under pressure, with the Polish zloty, Chilean peso, Hungarian forint an...