SPGP News and Press, Invesco S&P 500 GARP ETF From 08/08/22

Whether the U.S. is actually in a recession is debatable, but high inflation will affect companies both positively and negatively. The release of second-quarter Gross Domestic Product numbers late last month set off a debate around the state of the U.S. economy and whether it is curre...

The market is ignoring the looming impact the recession and receding inflation will have on corporate earnings. We are back in positive gamma. Positive gamma in the options market brings less-volatile markets which tend to trend upwards. The bulls have the ball for now, but they a...

The market (SPX) leads changes in GDP by at least 1 quarter. In fact, the SPX impacts GDP, instead of other way around - transmission is via looser Financial Conditions. The latest Nonfarm Payroll data (June 2022) should loosen Financial Conditions even further. It doesn't matter ...

If inflation is cooling, the Fed has no reason to raise rates until the economy collapses. Since the vast majority of commodity prices having fallen significantly from their recent highs, a much smaller number of manufacturers now are reporting paying higher prices. Today, junk bo...

The bear market of 2022 has eerily similar characteristics of bear markets of the past. The 2022 bear market looks very similar to those in 1937, 2000, and 2008. If the bear markets are similar, the 2022 version is nearing its most dangerous phase. History can act as a g...

After months of battering, global equity markets enjoyed a reprieve in July, lifted by hopes that worsening economic signals and falling commodity prices might give central banks, led by the Fed, some leeway to dial back their tightening campaigns. Despite their recent outperformance,...

As US dollar strength continued and inflation expectations softened, the gold price fell, gold ETFs lost 81t (US$4.5bn), and speculative positions in gold futures turned net short for only the fifth time since 2006. The market reaction to the July Fed meeting may encourage a more sust...

Growing rapidly, multi-faceted, and with green products and services permeating throughout markets, the green economy’s development increasingly resembles that of the tech sector. The green economy is now the equivalent of the fifth largest industrial sector by market value &#x...

Rising price pressures, stronger and more persistent than generally expected, has been the main challenge for consumers, businesses, and policymakers. The Bank of Japan's balance sheet is nearly 135% of GDP. The Fed's balance sheet is about 36.5% of GDP. Last week, the Bank of Eng...

Fed's current operating doctrine is to regulate system financial conditions chiefly through the financial markets (in stark contrast to the traditional model of regulating system Credit through adjusting bank lending conditions). In the contemporary Fed view, the primary monetary poli...