TUSA News and Press, First Trust Total US Market AlphaDEX ETF

Bear markets tend to last much less time than bull markets. Since the stock market is the major fuel for the economy, when stocks get clobbered for a long enough period, the economy follows. Higher interest rates could reduce the contribution to US GDP by as much as nearly 30%. ...

We slightly reduce risk on a worsening macro outlook. We upgrade European government bonds and investment grade credit, and downgrade Chinese assets. The Fed raised rates by 0.5% last week - the largest increase since 2000 - and signaled similar rises ahead. Long-term yields shot up a...

There was a lot of volatility in stocks last week but in the end, the S&P 500 was down a mere 21 basis points. A rising currency is presumably negative for the export sector and positive for domestic purchasing power. On a sector basis, there were several winners last week wit...

While the S&P 500/SPX is still officially in correction territory, many market-leading stocks are in a deep bear market. High inflation, Fed tightening, and other unfavorable fundamental factors should continue pressuring economic growth. Moreover, decreasing corporate profits...

To avoid losses and participate in “bull markets”, one needs to expect some losses. However, the key is to not lose too much capital, so gains are multiplied. The strategy I use builds up reserves when the prices of what my clients and I own are high compared to perceive...

The market is in a tug-of-war between bulls and bears with very different outlook. One side sees a near-complete correction and soft landing, while the other a bear market and recession. I think last week’s jobs report indicates no recession on the horizon. Strong first...

The Fed is trying to tame inflation without causing a recession. Historically, tightening monetary policy into a period of economic deceleration doesn't go over well. Supply-side constraints, especially in the commodity sector, are set to persist. For further details see: ...

The S&P 500 rose three percent on Wednesday and then promptly fell 3.5 percent on Thursday. It’s not as if anything unexpected happened at the FOMC meeting. The prevailing wisdom was that the Fed would raise rates by 0.5 percent, and that’s what they did. The &#x...

Last week's spike and crash has been misinterpreted. The move was due to technical factors and not some deeper meaning. Sometimes a cigar is just a cigar. I make a case for the market fully discounting the interest rate adjustment. It's likely Powell's efforts will slow the econom...

This updated article looks at the potential impact of the newly released QT schedule and subsequent market effects of four quantitative easing programs. On March 9th, 2022 the Federal Reserve conducted their final open market purchase effectively ending the Covid QE 4 program started ...