SPGP News and Press, Invesco S&P 500 GARP ETF From 02/13/23

Summary One hypothesis we're currently evaluating behind the scenes is that the multiplier may have shifted to zero at the beginning of the year. Unlike changes in dividend expectations that are easy to identify, the factors that cause the dividend futures-based model's basic multiplier...

Summary Economic news has caused market participants to be looking the wrong way over these last 5 months. While news reports can act as a catalyst for market moves, the substance of the news is often unimportant in determining a directional bias. As long as highlighted support hold...

Summary The 5-year Treasury yield jumped 27 bps last week, from 3.66% the prior week to close, to 3.93% at this Friday’s close. This is after falling 30 bps in the first week of January ’23. The “estimated” S&P 500 earnings growth for 2023 (as a whole) ha...

Summary 2022 was a year where, suddenly, the value style of investing dramatically outperformed the growth style. Sector exposure is a detail useful to help in characterizing different index exposures. The S&P 500 Growth Index added Energy sector exposure due to strong price mom...

Summary Instead of bullish investors sticking with their mantra of 'Don’t Fight The Fed,' it is now a standoff between bullish investors and the Fed. While bullish investors cling to historical statistics about market returns, the problem is the Fed remains clear that it will not...

Summary Five world-beater dividend exchange-traded funds exist that create a balanced and diversified blue-chip portfolio of the 935 best companies on earth. They yield 1.8% and have historical and future expected 14% long-term returns, 3% more than the S&P 500. For retirees, th...

Summary From its all-time high of 4,973, the S&P 500 has now fallen 23% (as at January 1st), so the US large-cap index is still in a bear market. Over the last 100 years, the S&P 500’s CAPE has almost never gone outside the range of half to double its long-term average. ...

Summary The S&P 500 index is almost unarguably the #1 benchmark followed by long-term investors, fundamental analysts, and short-term traders alike. I felt the need to explain 16 details about the S&P 500, I believe well-informed investors should know about this index, however t...

Summary This month, the Bureau of Labor announced significant revisions and is why tracking the trend is more valuable for economic insight than any single report. The tone in the media is shifting from extreme pessimism to “my god, it’s far better than we thought”....

Summary One of the key assumptions behind commodity markets is that it is economic demand that drives pricing. It has been long-conflated that sentiment drives economic activity and that certain correlated indicators are believed to be economic measures and good predictors of future eco...