SPGP News and Press, Invesco S&P 500 GARP ETF From 06/30/22

Investors have had the message that index investing is the best way to invest drummed into their heads for decades. However, the market cap-weighted indices which serve as the basis for many index ETF portfolios can stray into making significant bets on individual stocks. By using...

Judging by every other opinion, the US looks like it’s headed into a recession. Jobless claims have risen to 230,000 from March ’22’s low of 166,000 with the difference of 66,000 being a 38% jump in jobless claims since mid-March. If the S&P 500 can hold t...

The second quarter of 2022 was another brutal one for fixed-income instruments, with yields rising across the board. The story was even worse for tax-free munis. The Fed’s hiking, coupled with their sharply more hawkish rhetoric, has spooked all bond markets since March and thr...

No longer is M2 surging at double-digit rates. If this keeps up, inflation could get back to something like "normal" by early next year. The Fed has not lost control of the situation, and inflation expectations are not "unmoored." Bottom line, the market expects inflation to norma...

On June 16th, the S&P 500 closed at just under 3,700, almost 24% below its record high of almost 4,800 in January. With a 24% decline so far, the current bear market is in line with most bear markets and, on that basis, it would be reasonable to assume that we're somewhere near th...

Commodities (used in the production of goods) are considered a leading indicator of inflation. Recessions are a normal corrective phase of the economic cycle, but politicians, central banks, most financial advisors, and economists never see them coming. Central bank policies can h...

Chair Powell laid out in unequivocal terms last week that the Fed’s primary goal is to reduce inflation pressures, and the policymaker’s commitment is “unconditional.”. The May Leading Economic Indicators Index posted its third consecutive monthly decline. ...

As of June 2022, the United States is not in stagflation, nor is most of the world, but it’s likely coming. The root cause is the timing effects of monetary policy. Tighter monetary policy curbs the demand for goods and services. Employment falls first, and only later does infl...

What does the future hold for the dividends of the S&P 500 (SPX)? We're now in the gap between when the index's dividend futures contracts for 2022-Q2 have expired and the actual end of the calendar quarter, which makes it a good time to see what investors expect for the rest of t...

The rhythm of the markets has gradually, but permanently, changed over the last 40 years. Despite the (relatively) positive trend in reopening sectors of the economy, the labor market is showing signs of slowing. For now, inflation is the “singular mandate” of major ...