SPGP News and Press, Invesco S&P 500 GARP ETF From 05/23/23

2023-05-23 02:00:00 ET Summary With 95% of S&P 500 companies having reported, Q1 2023 earnings season closes with a final growth rate of -2.2%, officially indicating an earnings recession. The post-peak LERI shows corporate uncertainty rose to the highest level in 3 quarters. ...

2023-05-23 01:00:00 ET Summary Macroeconomic uncertainty presents new challenges for investors who are saving for long-term goals like retirement. Inflation can diminish the ability to save today and the value of those savings tomorrow. Investors may benefit from solutions that se...

2023-05-23 01:00:00 ET Summary The Fed funds rate is currently set in a target range of 5.0 to 5.25 percent, following the most recent rate hike announced earlier this month. Meanwhile, conditions in the equity market have been unusually placid. A report from Bloomberg News on May...

2023-05-22 21:15:00 ET Summary The S&P 500 Index made a new high for 2023 last week while its cousin – the S&P 500 Equal Weighted Index – was actually down for the year at the lows of last week. With Republicans walking out of debt ceiling negotiations last F...

2023-05-22 12:39:28 ET Summary Invesco S&P 500 GARP ETF is likely to underperform the S&P 500 in 2023; SCHG or QQQM are preferable alternatives. I believe there is a strong likelihood that the stock market will emerge from a bear market, with expectations that a bull run w...

2023-05-22 12:12:00 ET Summary The S&P 500 (SPX) rose 1.65% over its previous week's closing value to end the third week of May 2023 at 4191.98. The biggest market-moving news of the week came on Wednesday, 17 May 2023, after news Western Alliance (WAL) had seen its ...

2023-05-22 02:10:00 ET Summary With mega-cap tech / growth up 25.95% this year), the semiconductor group is being pulled higher with it, despite the memory-related names still being in a tough downcycle. Inflation data has heated up (or at least not cooled down enough to the Fed&#...

2023-05-21 08:54:00 ET Summary While the Fed is able to obscure its capital losses by valuing its assets at cost, there’s one item the Fed isn’t able to completely bury in its balance sheet accounting. Regardless of the level of valuations, an improvement in the unif...

2023-05-19 03:22:00 ET Summary On May 18th for instance, the initial claims data again disappointed many by indicating economic activity remains strong. The worry is that “the job market will not quit”. High investor pessimism is reflected in the record Retail Money ...

2023-05-17 22:05:00 ET Summary Despite the stock market rally so far in 2023, the S&P 500 Index has not come close to regaining its all-time high put in early last year. The stock/bond ratio has soared to new highs. It would appear that stocks need bonds to rally hard and ...