SPYG News and Press, SPDR Series Trust Portfolio S&P 500 Growth From 05/08/24

2024-05-08 05:00:00 ET Summary We believe spring is an opportune time, given significant moves in bond yields and currencies thus far in 2024. Stocks, bonds, currencies and commodities have made significant moves in the past few months. Emerging markets are unlikely to rebound...

2024-05-08 01:35:00 ET Summary At 50.3, the Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global Market Intelligence, remained above the 50.0 neutral mark. Despite the cooling in the rate of improvement, the latest data signal an ongoing steadying of the ...

2024-05-07 11:30:00 ET Summary Comparing the three-month annualized moving average to the six- and 12-month figures highlights a marked acceleration across all US inflation measures. The Fed’s press conference following the policy meeting was remarkably dovish. So far, ...

2024-05-07 07:45:00 ET Summary The latest FOMC meeting caused a stock rally as Jerome Powell turned more “dovish” than expected. The reversal of QT means a buyer of Treasury bonds is returning to the market, increasing overall market liquidity. While the stock ra...

2024-05-07 01:28:42 ET Summary The Federal Reserve uses the Federal Funds Rate to manage inflation by influencing borrowing and reducing demand for loans. Higher interest rates result in increased interest expenses for the overall economy. The US has a debt to GDP ratio of abo...

2024-05-06 21:30:00 ET Summary I am sure we will have more corrections in 2024, but as far as the April edition is concerned, it appears to be over, with the Fed Chairman sounding dovish in his FOMC press conference last week. The Treasury market cooperated, with the 10-year yield...

2024-05-06 11:00:00 ET Summary Most market analysis is centered around news and economic events. Yet, markets often react opposite of common expectations. We could be setting up a 25% decline in 2024. The market rallied over 1% on Friday on a much worse than expe...

2024-05-06 10:15:00 ET Summary We look to incoming data to determine where the Federal Reserve will go, rather than its policy signals. Solid corporate earnings keep us overweight U.S. stocks. U.S. stocks clawed higher thanks to earnings beating expectations, even as the Fed meeti...

2024-05-06 09:35:00 ET Summary The IMF upgraded US growth forecasts for 2024 by +0.6% of GDP, and Chinese PMIs are back to expansion. There aren’t any bad EM stories right now, with almost all of the typical problem cases in EM making meaningful policy adjustments. The ...

2024-05-06 09:30:10 ET Summary Despite near-term challenges and increased volatility, the S&P 500 rally is expected to continue. The technical analysis suggests a positive trend for the SPX, but a breakout above resistance is needed for further confirmation. The odds of a ...