TUSA News and Press, First Trust Total US Market AlphaDEX ETF From 05/03/22

April saw the worst monthly performance for the NASDAQ since November of 2008 when the country was in the depths of the financial crisis. The war in Ukraine entered its third month and inflation shows no signs as abating as 1st quarter GDP growth was negative. What will the month ...

Real gross domestic product fell at a 1.4 percent annualized rate in the first quarter versus a 6.9 percent rate of gain in the fourth quarter. Businesses added to inventory at a $158.7 billion annual rate in the first quarter versus accumulation at a $193.2 billion rate in the first ...

Initial claims for regular state unemployment insurance fell slightly, decreasing 5,000 for the week ending April 23, coming in at 185,000. The number of ongoing claims for state unemployment programs totaled 1.464 million for the week ending April 9, a drop of 102,848 from the prior ...

GDP growth figures are notorious for revisions, but the headline number missed pretty badly, coming in at -1.4% annualized after inflation vs. an estimate of +1.0%. Here in Texas, restaurants that were packed this time last year on weeknights are only about half full, while road traff...

Investors are concerned about the impact the latest wave of Covid in China will have on the global supply chain. The greatest impact will be on China's economic growth in the second quarter, but stimulus should follow. U.S. multinationals seem to be effectively navigating this lat...

The Census Bureau’s latest advanced estimates for March trade show wholesale inventories jumped again, another 2.3% month-over-month during March. And that was on top of a slightly higher revised estimate for February. March’s wholesale inventories figure of 2.3% was the...

The Fed has little control over today’s goods inflation, driven by supply-chain, COVID stimulus, and war. Every time the Fed has increased rates to fight inflation historically, unemployment has increased. Recent events have put an even greater spotlight on energy independe...

Stocks fell earlier this week for the same reasons they’ve been falling all year: high inflation, the Federal Reserve’s attempt to cool it, and Russia’s invasion of Ukraine. About 90% of S&P 500 stocks fell on Tuesday. Money rushed to safe havens, such as Trea...

The S&P 500 and the US government bond index are now down about 12% from their highs (similar to Canada’s treasury bond index). Of course, Treasuries have guaranteed income payments and maturity dates, while stocks have none. In recent years, global equities have had an...

Ideally, we’d have a highly liquid NGDP futures market. Unfortunately, we are still in the Stone Age of macroeconomics. The stance of monetary policy is not a single number; it’s a vector. The simplest explanation for what’s going on is that the Fed is gradual...