SPMO News and Press, Invesco S&P 500 Momentum From 04/06/24

2024-04-06 02:50:00 ET Summary Prices will rise when the eagerness of buyers outpaces the eagerness of the sellers regardless of the depth of the market. This month’s labor report showed one of the sharpest slowdowns of recent years with the rate of change slowing from 4.6%...

2024-04-06 01:35:00 ET Summary As diligently as everyone is looking for signs of a consumer slowdown, the numbers keep telling us that household spending continues apace. The labor market is not showing signs of slowing. Friday’s report from the Bureau of Labor Statistics s...

2024-04-06 01:20:00 ET Summary Global equity valuations are stretched, characterized by the U.S., Europe and Japan all sitting at or near record highs. Amidst the elevated valuations, pockets of opportunity are emerging - especially within U.S. small-caps and in Latin America. ...

2024-04-05 15:35:00 ET Summary The US added 303,000 jobs in March, which is more than anyone was expecting. With next week’s inflation likely to remain hot, the prospect of a June rate cut from the Fed looks slim. With business surveys universally pointing to weakness o...

2024-04-05 13:27:17 ET Summary March jobs report shows strong job creation, a lower unemployment rate, and higher labor force participation. U6 rate remains higher as more workers are seeking additional hours. Average hourly earnings continue to point to slow disinflation. ...

2024-04-05 12:48:51 ET Summary March jobs report exceeds expectations with 303,000 jobs added. Unemployment rate drops to 3.8%. Wage growth slows, alleviating inflation concerns. Market rallies despite Fed commentary and geopolitical tensions, suggesting a strong economy and p...

2024-04-05 09:40:26 ET Summary U.S. employers added another 303,000 jobs in March, according to the Labor Department’s monthly payroll report. The gains were well above expectations of 200,000. Despite the robust payroll additions, wage growth appears stable. The re...

2024-04-05 09:05:00 ET Summary Three mega-forces seem set to dominate the investment landscape for the next decade or longer, with major implications for the macro regime and portfolio design. Each of these far-reaching forces - climate change, demographics and deglobalization - i...

2024-04-05 08:25:00 ET Summary By January 2025, the Federal Reserve  is likely to be in an easing cycle, which may benefit the market regardless of who wins the election. A recent quote from Fed Chair Jerome Powell about the Fed, inflation, and confidence was music to my ears...

2024-04-05 07:05:00 ET Summary Every firm is expecting rate cuts anticipating a recession but there is no recession in sight. Employment has been rising with some believing the numbers are manipulated because they believed the PMI was literally screaming recession. Expectation...