USVM News and Press, USAA MSCI USA Small Cap Value Momentum Blend Index From 04/26/24

2024-04-26 16:43:00 ET Summary Momentum strategies outperformed in Q1 2024 due to strong investor sentiment and economic strength, with the MSCI All Country World Index rising by 8.3%. Russell Investments' Factor Portfolios like Global Large Cap Growth, Momentum, and Quality outpe...

2024-04-26 14:46:58 ET Summary Major US indices down for the month, NASDAQ-100 hit with a 7.10% drawdown. In this article, I example the "usual suspects," or the big three metrics used to approximate the trajectory of the US economy. These three metrics are: inflation, GDP, an...

2024-04-26 13:08:46 ET Summary Inflation is accelerating, with core PCE and PCE Supercore rising at higher rates. Consumer inflation expectations are increasing. The current policy stance may need to shift from rate cuts to rate hikes if inflation continues to rise. The ...

2024-04-26 11:29:19 ET Summary Changes in Fedspeak are anticipated as the latest GDP print came in lower than expected while inflation has inched up. Interest rates are set to remain unchanged, however. While the sub-trend growth along with weaker consumer sentiment and company le...

2024-04-26 08:35:00 ET Summary In Q1 2024, consumers spent very vigorously on services at the fastest growth rate since 2021, adjusted for inflation, but not so vigorously on goods. Dragging on GDP were the trade deficit, which worsened sharply on a majestic surge of imports, and ...

2024-04-26 05:10:00 ET Summary Markets have overreacted to Thursday's first quarter GDP stats; quarterly numbers are by nature volatile. The first estimate of Q1/24 GDP growth came in weaker than expected (1.6% vs 2.5%). On a quarterly basis, the deflator grew at a 3.7% annual...

2024-04-26 04:20:00 ET Summary The Fed recently released the March money supply numbers, and the story hasn't changed. M2 surged from early 2020 through early 2022, thanks to $6 trillion of deficit spending that was effectively monetized. The bulge in M2 rose to a high of $4.7...

2024-04-26 03:50:00 ET Summary The NFIB Small Business Survey has consistently shown pessimistic expectations for sales, the economy and earnings, but the U.S. economy has performed well despite this pessimism. Adjusting sales for inflation is considered nonsensical, and mentions ...

2024-04-26 03:25:00 ET Summary US GDP growth slowed to 1.6% annualised in the first quarter of this year, less than half the 3.4% rate recorded in 4Q23, but core inflation was stronger, picking up from a 2% annualised rate to 3.7%. This implies upside risks to tomorrow’s ke...

2024-04-26 02:30:00 ET Summary Money Supply is a very important indicator that helps show how tight or loose current monetary conditions are, regardless of what the Fed is doing with interest rates. Money Supply should dip some heading into the summer before rebounding later in th...