SPMO News and Press, Invesco S&P 500 Momentum From 04/08/24

2024-04-08 12:20:00 ET Summary Working-age populations are declining in major economies. We favor countries that are better adapting and sectors set to benefit from spending shifts. U.S. yields jumped last week but U.S. stocks remain near all-time highs. The strong March U.S. jobs...

2024-04-08 09:00:00 ET Summary Looking forward, our base case is that the Fed engineers a soft landing and starts to normalize policy rates in the second half of the year. In recent quarters, large-cap technology has outperformed in both higher and lower rate regimes. The weig...

2024-04-08 07:25:00 ET Summary The real story of the last three years is that commodities and large cap stocks are the only major asset classes providing returns for a diversified investor. Small- and mid-cap value stocks have produced better returns but haven’t kept up wit...

2024-04-07 15:49:41 ET Summary The Federal Reserve is expected to lower interest rates, but the economy and stock market don't need stimulation. Treasury Bills currently yield 2.5% more than historical average, while long-term bonds earn 0.5% less. Inflationary pressures from ...

2024-04-07 06:30:00 ET Summary The stock market is wobbling due to climbing rates and widening credit spreads as financial conditions tighten again. Liquidity flows turning as Bank Term Fund Program drains and reserve balances at the Fed likely peaked. Combination of tightenin...

2024-04-06 04:39:19 ET Summary Money Market Fund Assets surged $70.5 billion last week to a record $6.111 TN. Our understanding of the most momentous financial and economic occurrence of the past century has been terribly undermined over the decades. Credit growth remained str...

2024-04-06 03:50:00 ET Summary For the past 12 months, despite the interest rates that the Fed jacked up to 5.25%, nearly 3 million nonfarm payroll jobs have been added. Average hourly earnings rose in March at an annualized rate of 4.3%, also according to the survey of employers,...

2024-04-06 03:30:00 ET Summary The BLS reported a gain of 303k jobs. This exceeded expectations of about 200k. The Household Survey, which had been trailing the headline number, saw a blowout gain of 498k. he Household report is showing 34% of the Headline number for the year ...

2024-04-06 02:55:00 ET Summary US economic output is still on a path for a materially softer pace of growth in the first-quarter GDP report scheduled for release at the end of this month. Output for the January through March period is currently estimated at a 2.0% increase (season...

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%...