SPLX News and Press, ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN From 03/28/23

2023-03-28 15:27:00 ET Summary US consumer confidence improved in March despite concerns about bank failures and what it might mean for deposits. It supports a narrative of near-term spending strength, but higher borrowing costs and reduced access to credit are major headwinds whi...

2023-03-28 14:30:00 ET Summary Companies pushing up share prices with buybacks have greatly supported stock prices over the past decade. Recent Goldman Sachs data shows that executed buybacks were -20% year-over-year in the fourth quarter of 2022. Many loans and bonds were iss...

2023-03-28 14:00:00 ET Summary Despite an ongoing banking crisis, investors continue to chase stocks triggering several bullish buy signals. A rally toward 4200 is possible, as investor psychology is not always logical. We will use that rally to reduce risk and rebalance portf...

2023-03-28 12:56:00 ET Summary In this article, I will attempt to present a broad guide for each major asset class - stocks, bonds, commodities and precious metals - and how investors should be looking to allocate to each over the next six to 12 months. Pension funds and instituti...

2023-03-28 09:56:00 ET Summary The overall systemic risk to financial markets from stresses in the banking sector appears contained, making a repeat of the 2008 crisis unlikely. Many global central banks reaffirmed their commitment to taming inflation by announcing additional rate...

2023-03-28 08:30:00 ET Summary Hiking interest rates in the middle of a financial crisis has been done before, so what Fed Chair Jerome Powell did last Wednesday is not without precedent. We don’t have deflation now, but Powell is fighting inflation, which is rapidly fallin...

2023-03-28 05:00:00 ET Summary The primary reason why China wants a cease-fire in Ukraine is that the G7 has started sanctioning Chinese companies that do business with Russia. The European Union and Canada’s goals of reducing carbon dioxide emissions can have severe conseq...

2023-03-28 04:55:00 ET Summary The S&P 500 earnings yield is 5.57% vs last week’s 5.66% and as of 12.31.22, 5.81%. Obviously, we are most interested in what’s happened since March 6, 2023, or around the collapse of Silicon Valley Bank, and as readers can see, the...

2023-03-28 03:45:00 ET Summary The S&P 500 climbed 1.4% from the previous week's close to wrap up the trading week ending Friday, 24 March 2023 at 3970.99. During the week, dividend futures rebounded from the previous week's low for the quarter. With the increased focus on...

2023-03-28 03:28:00 ET Summary 14 constituents in the S&P 500 have been impacted by a GICS Classification change which was originally announced in December 2022. Financials saw the largest change, with 8 of these constituents move from Information Technology into Financials. ...