USVM News and Press, USAA MSCI USA Small Cap Value Momentum Blend Index From 04/12/24

2024-04-12 20:50:00 ET Summary Stubbornly strong economic data has led to significant shifts in market expectations for when, and how quickly, the Federal Reserve will begin cutting policy rates. Our own forecast is now for the first rate reduction to come in September, but the co...

2024-04-12 08:05:00 ET Summary U.S. growth is downshifting somewhat as lower income households pull back, and corporates face higher refinancing costs. However, with most other global economies still struggling, the U.S. will remain the strongest global performer. After having mad...

2024-04-12 06:25:00 ET Summary On a monthly basis, US headline and core Consumer Price Index topped expectations - both rising 0.4%. Although shelter inflation ticked marginally lower, the pace of disinflation remains painfully slow. While energy services have slowed since the...

2024-04-12 06:15:00 ET Summary The continued robust US jobs growth and above-trend growth allow the Federal Reserve to remain focused on inflation. Fed Chair Powell has drawn attention to the core services excluding housing, and it rose at around an 8% annualized pace in Q1. F...

2024-04-12 03:30:00 ET Summary Equity and junk debt markets have once more priced out any possibility of economic weakness. US and Canadian central banks have held base rates in the banking system above 5% - the tightest level in 17 years. Inflation and growth readings have se...

2024-04-11 08:50:00 ET Summary Jeff Schulze, Head of Economic and Market Strategy at ClearBridge Investments, discusses the updated ClearBridge Recession Risk Dashboard, which has seen some progress underneath the surface despite not having any indicator changes. If you look at co...

2024-04-11 08:05:00 ET Summary The market appears to be catching its proverbial breath today, but the shallow consolidation suggests the moves are not over. The dollar has reached nearly JPY153.30, and although Japanese officials cautioned about the FX moves, intervention while Pr...

2024-04-11 06:50:00 ET Summary The jobs market is unlikely to lead to a recession in 2024. Wage growth continues to trend lower, while a spike in unemployment that would trigger a recession appears unlikely from here. In fact, the leading indicators of employment growth sugges...

2024-04-11 05:12:00 ET Summary The AIER Everyday Price Index saw its third largest increase in over a year in March 2024, shooting up 0.82 percent. The largest price increases among the constituents of the Everyday Price Index in March 2024 were seen in motor fuel, food away from ...

2024-04-11 05:00:00 ET Summary Core services CPI jumped by 5.6% annualized in March from February. Core CPI, which excludes food and energy, rose by 4.4% annualized in March from February, the same increase as in February. The Fed has been in desperate search of confidence tha...