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

2024-06-04 11:25:00 ET Summary When investors bid up asset prices that exceed underlying earnings growth rates, market bubbles were previously present. While sufficient data suggests that economic growth rates are weakening, investors are again chasing assets with near reckless ab...

2024-06-04 11:10:00 ET Summary The Bank of Canada and European Central Bank are expected to follow the Swiss and Swedish central banks in announcing the first 25 basis points cut since the latest great tightening cycle began 27 months ago in March 2022. Policy plans are premised o...

2024-06-04 09:15:00 ET Summary Motio Research's initial estimate of U.S. median household income in April 2024 is $78,238. Motio Research's monthly estimates of median household income are based on income data collected by the U.S. Census Bureau as part of its monthly Current Popu...

2024-06-04 07:45:00 ET Summary The dollar's losses scored after yesterday's disappointing ISM manufacturing report was extended initially in Asia Pacific turnover earlier today before it recovered. Indian stocks are giving back yesterday's gains plus today, sliding more than 5%. ...

2024-06-04 03:15:00 ET Summary Inflation data resumed its downward trend after providing some cause for concern in April. Rates and markets both turned mid-May, with higher rates weighing on headline indices in the US. US equities ended the month higher, with the S&P 500, ...

2024-06-03 23:50:00 ET Summary Once again, stocks did not disappoint on Friday as the S&P 500 Index delivered another rare 100 point plus daily range. Based on futures trading, Friday’s range in both the S&P 500 and the NASDAQ 100 indexes was slightly larger than th...

2024-06-03 15:40:00 ET Summary European government bond yields have swung as markets question how far the ECB will ease policy beyond a first cut expected this week. Even with anticipated rate cuts, we see policy rates in the U.S. and Europe settling at a far higher level than the...

2024-06-03 13:24:19 ET Summary A soft landing refers to a smooth economic cool-down that avoids recession - after a period of rapid economic expansion. The Federal Reserve aims to achieve a soft landing from the current expansion, while history proves the task's inherent challenge...

2024-06-03 11:00:00 ET Summary “When everyone thinks alike, there isn’t much thinking taking place." Even former bears are now turning bullish. I think we are approaching what could be a major market top. For those who have followed my stock market anal...

2024-06-03 10:05:00 ET Summary Last week was a volatile one for markets, with big swings in stocks and bonds in a holiday-shortened week. Interest rates shot up 18 basis points on Tuesday and Wednesday and while that didn’t change any trends, it is a pretty big move for a c...