SFY News and Press, SoFi Select 500 From 04/09/21

Initial claims for regular state unemployment insurance totaled 744,000 for the week ending April 3, up 16,000 from the previous week's upwardly revised tally of 728,000. Despite a second consecutive uptick, the outlook for jobs and the economy has been improving as government restric...

We look through potential reasons for the April bounce in fixed income. A stubborn Fed and gloomy eurozone outlook provide the best, if unsatisfactory, explanations. Upcoming US inflation data and supply offer the most likely drivers for a return to the higher rates trend. F...

Adam D. Koós, CFP, CMT discusses the stock market, bond market, gold, gold mining stocks, to bitcoin, seasonality, and expectations regarding the next month and beyond. Markets may be a little overbought in the near term, but there’s no reason to be worried or to figure ou...

The creation of 916,000 jobs in the month of March is truly impressive and a sign of a rebound in the nation's economy, bringing the total for the first quarter to 1.6 million jobs. The March number far exceeds the 647,000 jobs predicted by economists and was nearly twice the 517,000 ...

The latest Job Openings and Labor Turnover Survey from the BLS shows the total number of job openings in the economy rose to 7.367 million in February, up from 7.099 million in January. The number of open positions in the private sector increased to 6.732 million in February, the high...

In March, the U.S. stock market tolerated the rise in long-term interest rates as long as it was not disorderly or too quick. The 10-year Treasury rate traded all the way up to 1.77% last week, and we may very well surpass that level this week as investors take time to react to strong...

Q1 2021 closed with the Dow leading the major market indexes, up 7.76%, vs. +5.77% for the S&P 500 and a tepid +2.78% for the Nasdaq Composite. Five regional Federal Reserve Banks reported super-strong readings for their five regional economic indexes. ISM manufacturing PMI index ...

On March 25, the Archegos Hedge Fund asked firms handling its capital swaps to develop a strategy to liquidate its holdings, which is why many Chinese ADRs and media stocks sold off violently. The Archegos Hedge Fund fiasco is due largely to the fact that many big Wall Street firms di...

Covid-19 trashed profitability in the second quarter last year. April 1 kicks off a new period that, for many U.S. companies, will look stellar by comparison. Activity is already bouncing back, including in some of the areas hit hardest by the pandemic. Revenue of S&P 500 Inde...

Under normal circumstances, the economy is relatively close to its steady-state glide path, and the fixed-income market is quite reasonably jittery with respect to the latest growth rates. The reality is that current conditions are nowhere near normal. At the beginning of the last cyc...