TUSA News and Press, First Trust Total US Market AlphaDEX ETF From 03/29/22

In this week’s AAII Sentiment Survey result, Bullish Percent rose to 32.8% this week from 22.5% last week. Bearish Percent fell to 35.4% from 49.8%. The CNN “Fear and Greed” Index rose from 22 last week to 43 this week. Despite the monster rally off the lows in th...

We now prefer U.S. and Japanese equities over European stocks due to the energy shock. We stay underweight bonds because of the inflationary backdrop. Bond yields sprinted higher last week, with U.S. 10-year Treasuries hitting near three-year highs. Signs of weakening economic activit...

Details around the plans to reduce the balance sheet have been sparse. However, it could be around $100 billion per month. This could create big problems for the market. For further details see: Unwinding The Fed's Balance Sheet May Create Chaos For Stocks

The Eurodollar yield curve implies the Fed will overshoot with swift increases, which will then need to be cut. The yield curve on the Eurodollar, which can be a window into what the market thinks the Fed will do, hit a peak of 2.96% in June 2023 as of Thursday morning. If inflati...

Stocks don't vanish when sold; somebody owns the shares all the way to the bottom. If asset prices, credit, sales, jobs, tax revenues and profits are all expanding, we call this trend bullish. If the economy and asset prices are contracting, we call this bearish. Maybe the trend i...

Central bankers conduct monetary policy to keep inflation low and predictable while promoting strong labor markets. Macroeconomic health depends on two factors: aggregate demand and aggregate supply. Since the Fed can only influence employment through demand stabilization, the emp...

Our view on U.S. large caps remains unchanged, but it was already negative due to stretched valuations and the interest rate sensitivity baked into that segment’s growth-oriented profile. High inflation, rising rates and slowing growth is a potentially poisonous mix for equity ...

Equity investors have generally reacted positively to the prospect of higher Fed policy rates. On average, FOMC members see themselves hiking rates to around 2% this year. That implies a 25 bps rate hike at each of the remaining six meetings in 2022 and possibly even one 50 bps hike. ...

The phenomenal rise in the US monetary inflation rate from early-2020 to early-2021 fuelled a speculative mania in the stock market and set in motion an economic boom. There remains some doubt as to whether or not the latest US economic boom is over. There are other measures, such...

Stocks are recovering in the face of soaring bond yields, taking their cue from a strengthening economy. Investor sentiment is a contrarian buy signal. I expect the yield curve to steepen as short rates peak and long rate inch higher. The S&P 500 should recover all of its ...