SPGP News and Press, Invesco S&P 500 GARP ETF From 07/16/22

S&P 500 earnings have seen a little deterioration in the last few weeks, with this week’s data coming from the weekly “This Week in Earnings” report published by Refinitiv, as of Thursday night, July 14, 2022. Overall Q2 ’22 S&P 500 revenue and EPS ...

Jobless claims have continued to rise hitting the highest level since November this week. Claims rose from an unrevised 235K up to 244K this week. With consistent increases in claims over the past few months, the reading has gone from multi-decade lows to levels that would have been t...

Preliminary July results from University of Michigan Surveys of Consumers show overall consumer sentiment ticked up in early July but remains near record lows. The one-year inflation expectations fell to 5.2 percent in early July. The plunge in consumer attitudes reflects a conflu...

The US stock market has stabilized in recent weeks, but the downside bias still appears intact. The challenge for market analytics at the moment is deciding if the correction to date has run its course, or is close to a trough. Market valuation has declined recently, although it&#...

Many important commodities are in major declines off highs hit earlier in 2022. A still-strong U.S. jobs market and decent wage growth point to massive CPI readings to come. A better-than-expected Advance Retail Sales report might concern the Fed ahead of the FOMC's July 27 meetin...

Basic economics says that companies can only set prices at a level where the current supply will meet demand. While the Fed is hiking rates to quell inflation, inflation would eventually cure itself through the normal economic cycle if it did nothing. Blaming giant corporations fo...

This week’s reading from the AAII showed 26.9% of respondents reporting as bullish for the first time since early June. The increase in bullish sentiment was met by bears falling back below 50% to 46.5%, the lowest reading since the first week of June. Neutral sentiment fel...

In an ugly declining market, why pick on Brokers?  It's not their fault. Well, maybe not – but sell anyway? Just hang on to Raymond James Financial, the one BROKER institutions are BUYING. INVESTMENT THESIS Tough times beg for sympathy and support; tough ...

Demographics are the most important factor for long-term analysis. The young and old age cohorts negatively impact economic growth. The prime-age population (25-64) drives the bulk of economic activity. The world's major economies are suffering from lower population growth and...

By long-term historical comparison, initial claims remain very low. The number of open jobs in the country has receded for two consecutive months, though the level remains very high by historical comparison. The tight labor market is a crucial component of the economy, providing s...