SPGP News and Press, Invesco S&P 500 GARP ETF From 11/09/22

Summary Equity investors have sustained significant losses this year and are facing a long list of new uncertainties. Although interest rates have risen sharply over the past two years, they’re quite low from a historical perspective. Looking back two decades from Octob...

Summary There is a midterm election. But we are also at a pivotal point of the business cycle where the U.S. Fed is on a warpath against high inflation, 30-year fixed mortgage rates have more than doubled, leading economic indicators are slowing, and equities and government bonds are ...

Summary The view that inflation will be around for some time is growing. The recent CPI numbers have come in hotter than expected. The elephant in the room remains that restrictive monetary policy means that liquidity is vanishing and the risk-reward for loaning money on a pro...

Summary The midterm election is historically a negative for the president’s party, and this year is expected to be no different. Thinking people might consider how a shift in US Senate seats can ameliorate the most significant monetary contraction and real estate-led global...

Summary The headline index fell to 91.3 from last month’s reading of 92.1 versus expectations of 91.4. The headline index is now just off the bottom decile of readings, as most components are likewise historically depressed. Sales components have experienced far greater...

Summary The headline number for October came in at 91.3, down 0.8 from the previous month. The index is at the 10th percentile in this series. A decline in Small Business Sentiment was a long leading indicator for the previous two recessions. By Jill Mislinski ...

Summary The all-important market-moving CPI report is coming out Thursday. We need a cooler-than-expected CPI reading, or things could get ugly for the stock market. The S&P 500 is at a crucial inflection point, and a hot inflation print could send stocks crashing. In ...

Summary If August 2022's trade between the U.S. and China was defined by much stronger-than-expected exports flowing from the U.S. to China, September 2022's trade data is just as definable. Typically, the combined value of goods traded between the U.S. and China rises from August...

Summary Government transfers and COVID savings have allowed consumers to spend beyond their means, which has contributed to inflation and high corporate profits. Consumers are rapidly drawing down COVID savings and will need to reduce spending in the near future. This will eas...

Summary Today is Election Day. Since WWII, there has been a mid-term election cycle for the S&P 500 that commences in October and gains strength in November and December, so we should be just at the start of an impressive year-end rally. Above and beyond the special events awa...