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

Summary The Federal Reserve’s rate hike campaign over the past year has trimmed this spread to below 2%. Even during the 1970s and 1980s, when inflation averaged over 6% for two decades, dividend growth kept pace with inflation. For much of the last decade, equities comfortab...

Summary In all previous Fed tightening episodes since 1989, the yield curve has never been as inverted as it is today. History strongly suggests that at this juncture in the monetary policy and economic cycles, yield curves are nearing a point of normalization. Yield curve normaliza...

Summary At present, we estimate that a market loss of about -30% would be required to restore expected 10-year S&P 500 total returns to the same level as 10-year Treasury bond yields. It is dangerous and almost superstitious to take the bloated profit margins and corporate earnings ...

Summary Business activity in the US picked up in February according to the latest business survey data from S&P Global, but price pressures also showed signs of remaining stubbornly elevated. Having started 2023 on a soft note, the PMI surveys showed business output across manufactu...

Summary Inflation is on a downward trajectory but will take time to return to target. Last week’s U.S. Consumer Price Index reading was in line with consensus expectations for January, with headline CPI increasing 0.5% month-over-month and 6.4% year-over-year. With the Januar...

Summary 7-10-year US Treasury yields have fallen faster than 1-3-year yields, which have remained anchored by a further 75bp of Fed tightening at the December and February FOMC meetings. The Fed could find itself forced to tighten more aggressively than predicted, should wage inflation ...

Summary Several central banks around the world, including the Federal Reserve, target a 2% inflation rate to help ensure the economy avoids deflation. Consumer Price Index measures the out-of-pocket expenditures for a specific set of goods and services from the perspective of consumers....

Summary As Europe strives to end its reliance on Russian crude oil, the future does not look good for Russia. Sadly, the Biden Administration is still playing politics with our Strategic Petroleum Reserve. In the wake of stunning January retail sales report, most economists will be ...

Summary Rates are rising, and the dollar is straightening, tightening financial conditions. On top of tighter financial conditions, stocks haven't been this overvalued in 15 years. Higher rates should lead to lower PE ratio and lower stock prices. Rates are rising, the dol...

Summary Too many are taking the perspective that the market is wrong of late because it is rallying in the face of bad news. If you ignore the news and focus on market sentiment, you will be able to track the market in a much clearer manner. I outline my expectations, support, and t...