TUSA News and Press, First Trust Total US Market AlphaDEX ETF From 04/22/22

Based on past patterns, reported earnings growth is likely to be modestly higher than that. We think the biggest risk is from the impact of aggressive monetary policy response to contain inflation. The economy is still growing, consumers are still spending, and many businesses are...

Consumer spending accounts for about two-thirds of the U.S. economy. Inflation and market volatility are typically unsettling to consumers and long-term investors. As of late March, the VIX Index seems 'cheap' relative to some other forward risk measures. For further details...

Consumer spending accounts for about two-thirds of the U.S. economy. Inflation and market volatility are typically unsettling to consumers and long-term investors. As of late March, the VIX Index seems 'cheap' relative to some other forward risk measures. For further details...

We have a healthy labor market, and it’s hard to have a recession when the labor market is on fire. If you go back to 1970, there’s been the same number of examples where an oil price spike year-over-year of 60% occurred that led to a recession, and the same number of ex...

The S&P 500 is once again fighting to gain back some lost ground in the past week. Of course, with bullish sentiment historically depressed, bearish sentiment is historically elevated at 43.9%. As such, bears continue to outnumber bulls by 25 full percentage points. For ...

We prefer equities even as bond yields have sprinted higher. Global growth is still solid, and we see central banks ultimately living with inflation. U.S. 10-year yields hit new three-year highs last week, and stocks fell. The European Central Bank affirmed our view it will normalize ...

Claims continue to bounce around a week to week but have posted declines in nine of the last thirteen weeks. Despite some volatility, initial claims have trended lower in recent weeks and remain at an extremely low level by historical comparison. The start of a new Fed tightening ...

St. Louis Fed President James Bullard, in an interview with the FT last week, said it is a “fantasy” to believe that the Fed can bring down inflation sufficiently without raising key interest rates to a level where they will constrain economic growth. The good news is th...

Everything about the COVID-19 recession and its subsequent recovery has been extreme. The big, open question here is if the Fed can slow the economy without killing the cycle. We have gradually transitioned our positioning from a risk-on posture earlier in the cycle to a more neut...

With prices rising and many uncertainties facing the U.S. economy, the risks of stagflation – that is, 1970s-like elevated inflation with slow growth or even a recession – are rising. There was massive fiscal stimulus in 2020 and 2021 during the pandemic, and those stimu...