SFY News and Press, SoFi Select 500 From 03/30/21

After a fire at a factory owned by Renesas Electronics, it will be at least a month before they can restart operations at their semi-conductor plant. As a result, Japanese auto manufacturers all sold off, since they will now likely have to further curtail production. The speed of Covi...

We just capped the first year off the Covid-19 bear market low, with the S&P 500 up ~75%. The best years for GDP and the economy aren't always reflected in stock market outperformance that specific year. Expecting great news on the economic front but more tepid market returns in t...

Political Calculations' initial estimate of median household income in February 2021 is $66,004, a reduction of $35 from the initial estimate of $66,039 for January 2021. This was the second month-over-month decline for median household income in the U.S. since the coronavirus recessi...

Stocks were more mixed last week, with large caps up and small caps down. Markets continue to trade on the expectation of a post-virus boom, but the economic data hasn't been on the same page recently. Perception is what drives markets. Through interest rates and exchange rates an...

In the latest report on February personal income and spending, January's 10% increase in income was followed by a -7.1% decrease. January's increase of 3.4% in spending was also partially reversed by a -1.0% decrease in February. Real personal income excluding government transfer ...

The latest jobless claims report was relatively good news, as we finally made new pandemic lows for initial claims. On an unadjusted basis, new jobless claims fell by 100,412 to 656,789. Seasonally adjusted claims also declined by 97,000 to 684,000. I remain bullish that the ever-...

Risk assets - A rising tide lifts all boats. Insatiable demand meets cheap money. The rise in NFT: Bubble or new asset class? For further details see: The 'Everything Rally': Insatiable Demand Meets Cheap Money

There is some Covid angst in the air again, though it's not permanent, we feel. The pull from the eurozone is pertinent. Even in the US there is pause for thought. There is room here for debate on the curve shape. Near-term 5yr/10yr flattening now. Structural 10yr/30yr flattening ...

The scars of 1987, 2000, 2008 and last year are seared into our consciousness for the traumatic losses they brought. Is another crash coming? Which is more rewarding in the long run - totally avoiding each and every one of those market meltdowns, or risking missing out on the market m...

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...