SMLE News and Press, Xtrackers S&P SmallCap 600 ESG ETF From 09/30/22

Summary What the market wasn't expecting was for the FOMC to raise its target rate, extend the duration for rate cuts, and claim that inflation is still out of control. In order to have a meaningful low, the S&P 500 needs to get a 5th wave up, and for rates, the USD and oil to...

Summary We have now entered the crash zone. What happens next is dependent on decisions made by the central banks. Global markets need to make the "W" formation or else crash. Until the dollar is back under control, no other market is safe. So, if you knew someon...

Summary As the Federal Reserve continues reiterating a more aggressive monetary policy stance, analysts are finally shifting from a “slow growth” to a “mild recession” view. Investing during a recession is difficult. The recession could be worse tha...

Summary For the week ended September 24, the initial claims for unemployment insurance fell by 16,000 from the prior week to 193,000 (seasonally adjusted) - near historic lows. This shows that most of the people who are being laid off either already had a new job lined up, or they...

Summary Although the S&P 500 hit 52-week lows for the first time since June this week, bulls actually stepped back up to the plate (in a very small way). Bullish sentiment, according to the AAII sentiment survey, rose back up to 20% after a low of 17.7% last week. Even wit...

Summary In the week ending September 24, the advance figure for seasonally adjusted 16,000 from the previous week's revised level. The advance seasonally adjusted insured unemployment rate was 1% for the week ending September 17, unchanged from the previous week's unrevised rate. ...

Summary We laid out our case as to why a walk-back might be in the cards. Weakest Month of the Year is September. Managers Sentiment/Positioning for the Apocalypse. In last week’s note, we laid out our case as to why a walk-back might be in the cards – ...

Summary Initial claims for regular state unemployment insurance fell by 16,000 for the week ending September 24th, coming in at 193,000. The number of ongoing claims for state unemployment programs totaled 1.276 million for the week ending September 10th, a rise of 6,029 from the ...

Summary With a drop back below 200K, claims have fallen back below the range from the couple of years prior to the pandemic. For the comparable week of the year, this most recent reading of 156.1K was the lowest since 1969 and was only slightly above the seasonal low from a couple...

Summary The Fed is embarking on an almost Volcker-style campaign to slain inflation once and for all, but we think they are overdoing it and risk a hard landing. Inflation was caused by one-off events that have already reversed and things beyond the control of the Fed, which is he...