SCHQ News and Press, Schwab Long-Term U.S. Treasury ETF From 02/06/24

2024-02-06 09:12:00 ET Summary There were 5 Bank failures in 2023 with $548B in assets according to the FDIC – two of which sent the S&P to the lows for the year in March. China was expected to add to post-COVID reopening growth; however, the government cracked down on ...

2024-02-06 08:03:00 ET Summary US banks continue to tighten lending standards and expect loan quality to deteriorate with write-offs anticipated to rise through 2024. At the same time, loan demand continues to weaken. The economy performed very strongly through the second half...

2024-02-06 07:05:00 ET Summary The US economy is ok - credit spreads are still quite low, liquidity is still abundant, the dollar is still strong, inflation is still declining, and there are only a few indicators that suggest caution. Owning short-term risk-free assets today has b...

2024-02-06 00:20:00 ET Summary Bond yields didn't move all that much but what move there was, was down. People sold stocks and bought bonds because the odds of a rate cut in March fell during the press conference. The Fed doesn't know if inflation has peaked or whether this is...

2024-02-04 02:12:00 ET Summary Instead of pivoting directly toward an easing bias, the Federal Open Market Committee opted for a wait-and-watch approach in January. Zillow’s observed rents are up 27% since January 2021, while PCE tenant and owner-occupied rent levels are up...

2024-02-03 08:45:00 ET Summary The employment data (released on Friday by the Bureau of Labor Statistics) was as you’d expect from an economy that is growing at a good pace. The acceleration can be seen in the three-month moving average, which irons out some of the month-to...

2024-02-03 05:47:00 ET Summary The major US indices continued to melt higher in January, with the Nasdaq, Dow Jones Industrial Average, and S&P 500 all making gains. The incremental strength in equity markets was set against a backdrop of a resilient, growing US economy. T...

2024-02-02 19:52:00 ET Summary Why a Fed rate cut may be pushed to the second quarter. The conditions needed for the Fed to cut rates. The outlook for bonds as traders re-evaluate the Fed's next move. The U.S. Federal Reserve has signaled an interest rate cut may not...

2024-02-02 10:42:00 ET Summary January payrolls surged 353k versus 185k consensus. The blowout jobs report - payrolls surging, wages jumping, unemployment falling - means the Fed will be in no hurry to cut interest rates. Nevertheless, the report contradicts lots of evidence e...

2024-02-02 07:27:00 ET Summary The US data continues to refuse to convincingly break one way or another. This will leave members of the Federal Reserve unconvinced there is enough evidence to justify cutting interest rates as soon as March. The US manufacturing ISM index was stron...