SPGP News and Press, Invesco S&P 500 GARP ETF From 07/18/22

The inflation fears led to concern that the Fed would raise interest rates by a full percent when they next meet and that in turn produced selling in stocks. Non-US stocks continue to struggle and that will probably be the case until the dollar comes back down. Economies are big c...

July has started off higher for the markets. Not a massive win for the bulls but a step in the right direction. Sentiment is stretched to the downside, as the reliable Bank of America Bull/Bear Indicator has been stuck at zero for weeks - an indication of a buying opportunity - but in...

The US and eurozone June composite PMI had nearly converged at 52.3 and 52.0, respectively. The BOJ saw the economy expanding 2.9% this year and slowing to 1.9% next and 1.1% in 2024. In June, the ECB raised the TLTRO rate to its deposit rate (-0.50%), and banks repaid almost 75 b...

The stock market closed the past week on the upside after it had started the week on the downside. The Federal Reserve continues to tighten up its monetary policy to battle inflationary pressures. Many investors still believe that the current battle to contain inflation will be sh...

Last week could have been a disaster for the equity market if not for options expiration. The macro backdrop is deteriorating quickly, and that is likely to weigh on stocks heading into next week's FOMC meeting. Can the market continue to rally, sure? But there continue to be many...

CPI was up 9.1% y-o-y in June, the highest rate, as we all know by now, since 1981. With two-year yields up two bps this week (3.13%), the U.S. yield curve (2yr/10ry) ended the week inverted 20 bps. Crisis Dynamics have returned more powerful than ever, leaving Beijing officials i...

The reality of record-high inflation combined with a hawkish monetary policy is slowing the economy sharply and has led to the current U.S. recession - two back-to-back quarters of negative growth. The intractable inflation seen in the June CPI print isn’t all about some aberra...

Financial markets remained turbulent through Q2 of 2022 as inflationary pressures, interest rate hikes, & ongoing war in Ukraine weighed on investor sentiment, & we've come to accept that the future will likely look different from the past. We now expect U.S. inflation to peak...

K2 Advisors team is monitoring economic growth, earnings, supply chains, and inflation for clues as to whether central banks can achieve the elusive soft landing. Central bank policy paths are a clear focal point for markets as policymakers seek to navigate above-target inflation and ...

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 ...