SPLX News and Press, ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN From 05/04/23

2023-05-04 12:00:00 ET Summary What are bond markets telling us about future Fed policy? How does the Fed navigate the numerous crosscurrents in the financial markets and economy? What's the outlook on the US dollar? The U.S. Federal Reserve delivers another ...

2023-05-04 02:30:00 ET Summary In a welcome departure from 2022, first quarter returns across the board were positive for the capital markets despite meaningful volatility. We saw a continued outperformance by international stocks versus the US and positive returns for fixed incom...

2023-05-03 23:15:00 ET Summary Absolute Return Partners is a London-based investment advisory business. Founded by Niels Jensen in 2002, it focuses on providing bespoke alternative investment solutions to institutional investors. In total, it manages over $600 million of assets across...

2023-05-03 22:03:00 ET Summary The Federal Reserve has raised interest rates by 25bp and signalled the threshold for justifying future rate increases is now higher than it was. With lending conditions rapidly tightening in the wake of recent bank stresses, we think this will mark ...

2023-05-03 21:35:00 ET Summary With today’s 25-basis-point rate increase, the U.S. Federal Reserve (Fed) has now hiked rates by a cumulative 500 basis points since March of 2022. Whether the Fed hikes rates again in June or goes on pause will likely depend on the labor mark...

2023-05-03 19:05:09 ET Summary The Federal Reserve voted today to raise its benchmark rate 25 basis points to 5-5.25%, a move it has been telegraphing for months. Fed Fund futures, which are trader projections of future Fed funds rate, have continued to fall away from the Fed's pr...

2023-05-03 18:41:49 ET Summary The Fed raised but signaled a data-dependent pause. I've been bullish this year, but I'm concerned that the Fed pause comes just ahead of a CPI print next week that has some upside risk. Anyway, net net, I'm bullish for this year, but I'm concern...

2023-05-03 11:27:00 ET Summary Expectations at the start of the year were quite pessimistic. However, growth has remained surprisingly resilient—along with inflation. U.S. core inflation is still quite high. So in the last three or four months, it's been running at a sort o...

2023-05-03 02:53:00 ET Summary Overall, job openings fell again in March, but were still 31% higher than in March 2019, the last 'normal' March, based on JOLTS data. Rebalancing is taking place via layoffs and discharges, but they still remain very low. Voluntary quits have be...

2023-05-03 01:55:00 ET Summary Leading indicators of recession continue to worsen, as do many financial/credit metrics, but the economy stubbornly refuses to decline. Inflation continued to be elevated in March and, importantly, remained well above the Fed’s long-term goal ...