RZG News and Press, Invesco S&P Smallcap 600 Pure Growth From 11/11/22

Summary The headline Unemployment Insurance data is seasonally adjusted. The 4-week moving average is a more useful number than the weekly data. Seasonally adjusted 225K new claims, up 7k from the previous week's revised figure, was worse than the Investing.com forecast of 220...

Summary Most categories saw softer-than-expected inflation readings. We believe October’s softer-than-expected CPI reading strengthened the case that inflation will indeed moderate in 2023 after a period of elevated inflation. We believe the implications of the October ...

Summary As per Bureau of Labor Statistics' October Consumer Price Index data last week, year-over-year non-seasonally adjusted headline CPI was 7.75%, down from 8.20% previous month. Year-over-year Core CPI (ex Food and Energy) came in at 6.28%, down from 6.63% the previous month....

Summary While today’s CPI print took the spotlight of positively received economic data, jobless claims have continued to rise a bit. Seasonally adjusted initial claims rose to 225K from last week’s 1K upwardly revised level of 217K, which is 1K below the early Octob...

Summary Initial claims for regular state unemployment insurance rose by 7,000 for the week ending November 5th, coming in at 225,000. The number of ongoing claims for state unemployment programs totaled 1.237 million for the week ending October 22nd. While the overall low leve...

Summary AIER’s Everyday Price rose 0.7% in October following declines of 0.4% in September, 1.3% in August, and 0.6% in July. Household fuels and utilities prices fell 0.9%, reducing the overall increase by 13 basis points. Apparel prices fell 0.6% on a not-seasonally-a...

Summary We summarize key data and provide in-depth analysis of the monthly Consumer Price Index (CPI) report released by the U.S. Bureau of Labor Statistics (BLS). All Items and Core CPI inflation were significantly below expectations. Results were significantly impacted by "o...

Summary After leading the global equity selloff earlier this year, US small caps have begun showing signs of life since summer. The US stock rally in October was dominated by a strong broad-based rebound in cyclical stocks. After a long stretch of playing second fiddle to larg...

Summary Almost half of the option contracts being traded on the S&P 500, to the tune of $300 billion of notional each day, have one-day expiries or less. Across all listed ETFs and indices, an astounding $1 trillion of notional value in put options (bets that an index or ETF w...

Summary What strong jobs numbers may mean for interest rates going forward. U.S. employment data may have been mixed, but likely not enough to sway the Fed. How do we know we've reached peak job creation? Resilient job markets in both Canada and the U.S. coul...