USMC News and Press, Principal U.S. Mega-Cap Multi-Factor Index ETF From 07/13/24

2024-07-13 00:54:43 ET Summary U.S. inflation fell to 3 percent, year-over-year, in June, exceeding expectations. Investors are betting on interest rate cuts this year, one, or, possibly two. The economy remains relatively strong, unemployment is OK, although it has risen in t...

2024-07-12 23:58:00 ET Summary The June CPI reading significantly increases the likelihood of a Federal Reserve rate cut in September. This marks the second consecutive month of weaker-than-expected inflation data. Headline CPI fell to -0.1% month-on-month, the first negative ...

2024-07-12 12:00:00 ET Summary We see a new wave of investment into the real economy, transforming economies and markets. We look for investments that can do well across scenarios and lean into the current most likely one. We stay dynamic and ready to overhaul asset allocation...

2024-07-12 07:30:00 ET Summary Exports remained well-supported by strength in autos and semiconductors, but imports slid amid modest demand in June. China's June exports grew by 8.6% year-on-year to USD 307.8bn, which came broadly in line with forecasts. In terms of product ex...

2024-07-12 06:28:00 ET Summary Federal Reserve policymakers closely watch core inflation data for signs of cooling, and June offered a second straight month of surprisingly low readings in the core CPI. Looking at the overall CPI data and trends, we don’t believe Juneȁ...

2024-07-12 05:16:00 ET Summary Thursday’s CPI report was a big downside surprise as more signs of disinflation appeared across the economy. Core CPI rose 0.06% in June, which brought the annualized rate to 3.27%. Core services were actually negative in June, the first time ...

2024-07-12 04:50:00 ET Summary The evidence supporting multiple Fed rate cuts is now solid. Owners' equivalent rent makes up about one-third of the CPI index and this has been adding significantly to the rise in the CPI index until this month. Treasury yields tend to track inf...

2024-07-12 04:12:00 ET Summary US CPI has settled down to rate-cut territory. First May, now June. Ahead July, and if that’s in the same vein, Treasuries can continue to anticipate cuts from the Fed. The ECB will unlikely commit to a September cut next week, but will al...

2024-07-12 03:50:00 ET Summary US economic growth has been good, but it could have been so much better had businesses not been as cautious on investment. Economic and political uncertainty and high borrowing costs appear to be the main reasons for businesses not wanting to put mon...

2024-07-12 00:15:00 ET Summary Inflation cooled for a third straight month in June, dropping to its lowest level in a year. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index fell to 3.0% year-over-year, while core CPI cooled to 3.3%. ...