SFY News and Press, SoFi Select 500 From 03/23/21

We still favor above-benchmark strategic allocations to China exposures, and see the recent weakness in Chinese markets offering an attractive entry point. The Federal Reserve made clear its commitment to be well "behind the curve" on inflation and wait to see it to materialize. I...

We spoke with Strategas Chief Investment Strategist Jason Trennert on why his team is bullish on the market despite recent volatility and key unknowns like interest rates, inflation, and tax policy. Trennert says they are not overly worried about long-term rates, especially when they&...

U.S. Fed holds rates steady and reiterates no rate hikes through 2023. Colbourne: We're in a new Fed framework of Average Inflation Targeting (AIT). Colbourne: Expect to continue to see the U.S. dollar weaker particularly against the Canadian dollar. For further details see:...

Rising bond yields are creating uncertainty around equity valuations. The increase in VIX appears to be more contained versus previous market shocks but is masking violent rotation happening underneath. Xu: Active management is crucial in this part of the cycle. For further ...

One year ago today, on Monday, March 16, 2020, the Dow Jones Industrials fell by a record 3,000 points on a record-high 82.7 VIX reading. The market's nadir came on Monday, March 23. In just under a year, ending last Friday, the Dow and S&P 500 rose over 80%, while Nasdaq is up 11...

Most of the selling pressure in the popular NASDAQ names and the hot Chinese ADRs can be traced to "thematic investing" ETFs that specialize in "disruptive technologies". This is not the first time that the ETF industry has inflated or deflated the price of hot stocks. However, as lon...

We lay out three reasons why we see a strong economic restart, rather than a normal recovery, and believe markets still underappreciate its size and speed. U.S. Treasury yields hit 13-month highs. We see the recent rise in real yields as justified given the growth outlook and remain t...

The emergence of a growth catalyst - in this case, the reopening of the economy - should lead in succession to an increase in activity, demand, output, revenue, investment, and. Our bullish outlook was strengthened this week when President Biden signed the new stimulus package into la...

Doctor Doom, Henry Kaufman, former chief economist at Salomon Brothers, is back and "... sees danger in the markets and economy." The secular bear market that took hold of the index in 1966 bottomed in the fall of 1974, breaking below 600 on the industrials for a brief period. That be...

While a steepening yield curve sows the seeds of its own destruction via an ever more attractive roll and carry, especially with forward guidance on the front end, there is always a risk that markets end up questing the commitment to low policy rates. When Mr. Powell says that the Fed...