SPXZ News and Press, Morgan Creek - Exos SPAC Originated ETF From 07/18/22

The guidance in this season’s earnings reports could start to tell us how far earnings are likely to decline and how much is already priced in. The macroeconomic background is as challenging as we’ve seen in many years, to put it mildly. We see a powerful feedback lo...

While the goods-based economy is backing off a little from the overstimulated demand in 2021, it hasn’t backed off as much as expected, thereby frustrating the Fed’s vision of “temporary” inflation, as consumers continued to splurge on goods even as they shifte...

The inflation fears led to concern that the Fed would raise interest rates by a full percent when they next meet and that in turn produced selling in stocks. Non-US stocks continue to struggle and that will probably be the case until the dollar comes back down. Economies are big c...

July has started off higher for the markets. Not a massive win for the bulls but a step in the right direction. Sentiment is stretched to the downside, as the reliable Bank of America Bull/Bear Indicator has been stuck at zero for weeks - an indication of a buying opportunity - but in...

The US and eurozone June composite PMI had nearly converged at 52.3 and 52.0, respectively. The BOJ saw the economy expanding 2.9% this year and slowing to 1.9% next and 1.1% in 2024. In June, the ECB raised the TLTRO rate to its deposit rate (-0.50%), and banks repaid almost 75 b...

The stock market closed the past week on the upside after it had started the week on the downside. The Federal Reserve continues to tighten up its monetary policy to battle inflationary pressures. Many investors still believe that the current battle to contain inflation will be sh...

CPI was up 9.1% y-o-y in June, the highest rate, as we all know by now, since 1981. With two-year yields up two bps this week (3.13%), the U.S. yield curve (2yr/10ry) ended the week inverted 20 bps. Crisis Dynamics have returned more powerful than ever, leaving Beijing officials i...

The reality of record-high inflation combined with a hawkish monetary policy is slowing the economy sharply and has led to the current U.S. recession - two back-to-back quarters of negative growth. The intractable inflation seen in the June CPI print isn’t all about some aberra...

Financial markets remained turbulent through Q2 of 2022 as inflationary pressures, interest rate hikes, & ongoing war in Ukraine weighed on investor sentiment, & we've come to accept that the future will likely look different from the past. We now expect U.S. inflation to peak...

K2 Advisors team is monitoring economic growth, earnings, supply chains, and inflation for clues as to whether central banks can achieve the elusive soft landing. Central bank policy paths are a clear focal point for markets as policymakers seek to navigate above-target inflation and ...