SPHB News and Press, Invesco S&P 500 High Beta From 10/26/22

Summary Rising rates continue to cause strong headwinds in Q3 2022. The new paradigm in Momentum investing. Quantifying inflation sensitivity in major benchmarks. The market continues to follow the 2000 road map. Rising rates create strong headwinds in Q3 The...

Summary Amazon founder and one of the world's richest men - Jeff Bezos - recently sounded the recession alarm. We discuss the implications of his warning on the S&P 500. We also share our approach in the current environment. For further details see: ...

Summary Here are my big three for investors to consider in the fourth quarter of 2022: recessionary fears, high inflation, and slowing growth. As we analyze the risk of recession in the United States, we must consider whether the country can shift into a more normal expansion. ...

Summary A super-strong dollar, collapsing housing and commodity prices, and a huge increase in real interest rates were all but shouting at the Fed to back off and give the economy some time to digest things. If the Fed had been paying attention to the slowdown in M2, they would h...

Summary Over the last 120 years, valuations have consistently proved to be a strong predictor of future returns, with lost decades common. After the financial crisis in 2008, returns jumped by an average of four percentage points for various periods. Unless the Federal Reverse...

Summary We believe the sudden rise in the CPI is over and that inflation and interest rates will slowly return to lower levels by next summer (see the evidence). But stock prices will have started up long before. We think the price turn will begin sometime right after we officiall...

Summary The Consumer Confidence Index from The Conference Board fell in October following two consecutive monthly gains. The index for expectations for better business conditions rose 0.6 points to 19.2, while the index for expected worse conditions rose 1.4 points, leaving the ne...

Summary The Conference Board Consumer Confidence Index® decreased in October after back-to-back monthly gains. Consumer confidence retreated in October, after advancing in August and September. The regression through the index data shows the long-term trend and highlights...

Summary S&P 500 EPS growth for Q3 is set to come in at 1.5%, a slight increase from last week, but still at the lowest level since Q3 2020. The LERI improves to 85, doing an about-face and perhaps suggesting companies are not as uncertain in the short term. Peak earnings s...

Summary Interest rate policy is getting closer to a step-down. More Federal Reserve officials are focused on the risks of sharply rising rates. Inflation can fall rapidly next year due to the lagging effects of rate hikes, concurrent global tightening, and healing supply chain...