SPGP News and Press, Invesco S&P 500 GARP ETF From 08/10/22

For the second month in a row, the Employment Situation Report revealed not only resiliency, but a surprisingly solid showing as well. The level of nonfarm payrolls has now finally moved back to (actually slightly above) its pre-pandemic, February 2020, level. In recent Fed commen...

Almost every month this year, the “discounts” on financial assets from their year-end 2021 prices have gotten larger, leaving the S&P 500 with its worst first half-of-the-year return since 1962 (narrowly avoiding its worst first half since the Great Depression). Ther...

Huge insider selling combined with massive net fund inflows are two clear signals that U.S. equities are headed much lower, regardless of what they do in the short run. Whenever VIX goes below 20 it is safe to add to your short positions. The lower it goes below 20, the more aggressiv...

The seasonally adjusted teen employment data isn't squaring up with the reported increase in payroll employment. Younger teens (age 16-17) are continuing to see their numbers among the employed fall from their recent peak in April 2022, while older teens (age 18-19) saw their numbers ...

Indicators used to date beginning and end of recessions mostly show no decline. July data points to a rebounding economy. Corporations act like there is a no recession. The yield curve that indicated recent economic weakness now points to renewed expansion. Yield curve ind...

Small businesses sentiment remains near some of the worst levels of the past decade. The latest release did come in both better than expectations and slightly higher than last month. The Optimism Index climbed from 89.5 in June to 89.9. In spite of the modest bounce in the headlin...

Global consumer confidence has collapsed in the last year. Consumer confidence has never fallen this hard with business confidence following. Deteriorating confidence is in alignment with leading indicators pointing towards a weaker growth outlook. Global Economic Confiden...

With so much negativity baked in, it may have been inevitable that markets would rebound. The strong U.S. jobs numbers highlight the challenges in reading the economy. As the Fed hikes rates, it's not just slowing the economy, it's building back its credibility. ...

Predicting market risk is easier than predicting return. The day-ahead forecast of return risk for the S&P 500 Index is highly reliable. The lesson seems to be that you can develop reasonably reliable vol forecasts for the S&P 500 out to 10 days or so, but by 20 you’...

July was the highest revenue generating month of 2022. The US hard to borrow equity market pushes revenues higher. Fixed income continues to see strong demand. Corporate bonds are in for an impressive 2022. Global securities finance revenues totalled $1.215 bln, ...