RZG News and Press, Invesco S&P Smallcap 600 Pure Growth From 07/06/22

We are in an interesting junction in the MELA system as the interplay between the fall in the stock market and the economy may be reaching a make or break point. Oil and gasoline prices usually trade in different directions from transportation stocks. But what does it mean when they b...

Recession fears and an accelerated Federal Reserve interest rate hiking trajectory weighed on markets during the second quarter, resulting in the weakest first half performance since 1970. The short end of the yield curve increased dramatically during Q2, with policy interest rates st...

Depending on your risk and diversification, you’ve lost between 4% and 20% so far this year. Unlike most other periods when stocks lost money, bonds have not defended well this time. Target date funds have a wide spread of performance for those near retirement. All as...

While the Fed forecasts tend to help market participants understand the future course of policy, they should also be looked at with a dose of skepticism. The projections are as much a product of econometric models as they are an attempt for the Fed to guide the markets (and economy) i...

Commodities prices have spiked as demand from the restart clashed with tightening supply. We see the war and net-zero transition keeping prices high. U.S. and euro area inflation data last week showed still-persistent inflation. Stocks and bond yields fell as markets priced more risk ...

On July 1, the Federal Reserve Bank of Atlanta lowered its Q2 GDP projection to -2.1%, officially forecasting a recession. If the Atlanta Fed’s projection of negative growth in Q2 comes to pass, it will couple with the first quarter decline of -1.6% to put the US economy solidl...

What is a "Ponzi"? What just happened? A contrarian view of the first half of 2022. It’s the 1970s all over again, or is it? A view from someone who lived every day of it as an investment professional. Investors continue to stare into the rear-view mirror. "Recency ...

The Euro and emerging markets stocks had the perfectly positive correlation in June (EEM down and FXE down). The end of the liquidity shock will weaken the US Dollar and boost emerging market stocks. Weaker USD needs some evidence of the Fed's dovish turn. The Liquidity ...

We left a stimulated expansion and rising US stock market for a contracting “bear market” and likely economic recession. The stock market performed its traditional function by discounting the future and falling before an economic contraction began. Over the last two week...

Once the COVID distortions are over the economy will return to its previous state of roughly 2% growth and 2% inflation. Real sales of durable goods surged throughout COVID but accelerated rapidly with stimulus payments; sales peaked right as Biden’s American Rescue Act was imp...