USLB News and Press, Invesco Russell 1000 Low Beta Equal Weight ETF From 02/16/23

Summary With the CPI losing the relief from cooling energy prices, this month showed a solid uptick in prices, coming in at 0.54% (~6.6% annualized). One concerning thing about the most recent print is that many categories sit above the current 12-month trend. The Fed has been reloa...

Summary What the latest U.S. CPI data means for interest rates. What shelter costs tell us about the inflation fight going forward. Inflation may be easing, but pressures remain. U.S. consumer prices are showing signs of easing, but expectations remain that the Fed...

Summary Despite the Fed’s aggressive rate hike campaign over the past year, the funds rate remains below CPI. The fed funds rate has now been negative in real terms for nearly 40 months running. Only in the aftermath of the Great Financial Crisis have we ever seen a longer st...

Summary Rates could be heading to as high as 6%. The economy remains resilient due to the recent easing of financial conditions. Financial conditions will need to tighten again to kill inflation. The recent easing of financial conditions, as rates and the dollar rise, and as t...

Summary So far, the Fed has threaded the needle between declining inflation and strong employment. Data remains strong with not only employment, but consumer spending and economic growth continuing to hold up. Stocks have priced in various scenarios, but likely have been too pessimi...

Summary Loosening Big Tech's labor stronghold may help level the global playing field. We believe many of our international holdings will be able to capitalize on dislocated labor markets. International investing offers the opportunity to access markets with technology innovators wh...

Summary Price drops in durable goods stalled. Food and energy prices rose. Core CPI has jumped by 14.6% in two years. The Consumer Price Index (CPI-U) for all items jumped by 0.5% for the month, the biggest month-to-month increase since June. Year-over-year, the Consumer Price Index...

Summary This morning’s release of the NFIB‘s survey of small business sentiment showed only a modest rebound. Whereas the index was expected to rise from 89.8 up to 91, the index only rose to 90.3. Albeit higher sequentially and off the lows from last fall, the January...

Summary America and the world keep dodging recessions, like they did last year. The IMF just raised its 2023 global growth rate projection to 2.9% (from 2.7% last October), and they raised their U.S. GDP projection from +1.0% to +1.4% now. A 1.4% growth rate is not very exciting, but it...

Summary The U.S. is now in the midst of producing record amounts of natural gas, which will help prices firm up. The milder winter kept prices low, but as the U.S. and Europe are hit by more Arctic air fronts in late winter, natural gas prices could start rising. As seasonal demand rise...