VTWO News and Press, Vanguard Russell 2000 Index Fund From 12/20/22

Summary CPI rose only 0.1% in November and 7.1% in the past 12 months. The monthly CPI was lower than the economists’ consensus expectation of 0.3%, and that triggered a massive bond rally that caused Treasury yields to plummet. The Fed never fights market rates, so even thou...

Summary After a week that saw it rise as high as 4,019.65, the S&P 500 ultimately dropped 2.8% from where it ended the previous week to close at 3,852.36 on Friday. After the Fed's expected half-point rate hike on 14 December 2022, news indicating developing weakness for the U.S. ec...

Summary MoneyTalk’s Greg Bonnell discusses what it means for the economy with Chris Whelan, Senior Canada Rates Strategist at TD Securities. The markets are bracing for what's probably not going to be a wonderful 2023 economically. The market is telling that long-term interes...

Summary Will it be Santa or the Grinch this year? Why is it so vogue to be a bear? The bear's time is running out. Will it be Santa or the Grinch this year? Why is it so vogue to be a bear? Pundits and market strategists alike ratchet estimates down to one-up each othe...

Summary The adaptation and loss-and-damage topics cut straight to the scale and on-the-ground reality of climate-change impacts and the expense of addressing them. A draft of the US government’s Fifth Annual Climate Assessment found that the US, historically the biggest polluter,...

Summary The headline Flash US PMI Composite Output Index registered 44.6 in December, down from 46.4 in November. Jobs growth has meanwhile slowed to a crawl as firms across both manufacturing and services take a much more cautious approach to hiring amid a slump in customer demand. ...

Summary During Wednesday’s Federal Open Market Committee confab, the Fed speaks – market goes down; journalists ask questions – market goes up. The action here is being done by very sophisticated trading programs employing state-of-the-art artificial intelligence. ...

Summary Stocks have been a big beneficiary of inflation due to faster sales and earnings growth. However, with rates rising 2023, growth should slow dramatically in 2023. This should result in further PE multiple compression and lower stock prices. If 2022 was about monetary p...

Summary The first move in equities (following an FOMC decision) is often the wrong move. Headline CPI was up .1% month on month recently. Our base case is that the data between now and February will continue to show a decline in headline inflation. While no one was excited...

Summary As the stock market went up the first two days of the week, more shares transacted at rising prices. A leading retail-oriented broker indicated their clients have been buying mostly corporate/municipal bonds and commodities, while selling declining US government bonds. The t...