SPXZ News and Press, Morgan Creek - Exos SPAC Originated ETF From 08/12/22

When stocks deviate from the underlying economy, the eventual resolution is lower stock prices. While not precise, there is a correlation between economic activity and the rise and fall of equity prices. While the stock market is detached from reality, looking at past earnings con...

The latest AAII reading on the percentage of investors that are bullish on the S&P 500 over the next six months came in at 32.2%, the highest level since March. Bearish sentiment dropped to 36.7%, also the lowest reading since the end of March. Other sentiment surveys have bee...

Initial claims for regular state unemployment insurance rose 14,000 for the week ending August 6th, coming in at 262,000. The number of ongoing claims for state unemployment programs totaled 1.451 million for the week ending July 23rd, a rise of 10,067 from the prior week. While t...

Latest CPI might help sentiment, but inflation is still a problem. Why shelter inflation is creating a more complicated fight for the Fed. Softer CPI could mean the Fed avoids another jumbo rate hike, but rates are still going up. U.S. inflation data for July...

The entire notion that there is a hard and fast line indicating "recession" is not realistic or useful. The more useful approach is to look at data points as mostly signal noise that fail to reflect or illuminate the core dynamics of the economy. If we're not measuring or ponderin...

The CPI number backed off a tad in July to 8.5%, from 9.1% in June, as food prices continued to spike but gasoline and natural gas prices fell sharply and prices of durable goods backed off their crazy spike. Services inflation rose to 6.25%, the highest since 1982. The CPI for servic...

The global business climate is deteriorating in mid-2022, putting forecasters on recession watch. Real global GDP is likely to have declined in the second quarter of 2022, pulled down by contractions in emerging Europe, mainland China, and the United States. Adverse financial cond...

As expected, U.S. inflation - both headline and core - moderated in July, according to the latest Consumer Price Index (CPI) data. The July report showed U.S. core CPI increased 0.3% month-over-month (m/m) - softer than consensus expectations of 0.5% m/m. Short-term inflation expe...

While equity investors may be correct in their assessment of the cyclical trend in inflation, they may not want to celebrate it in such ebullient fashion. Any moderation in inflationary pressures is unlikely to be driven by the sort of benign economic factors that would support equity...

AIER’s Everyday Price sank 0.6% in July after a 2.4% jump in June. The July EPI broke a string of 19 consecutive increases dating back to December 2020. Motor fuel prices, which are often a significant driver of the monthly changes in the Everyday Price index because of the lar...