XSMO News and Press, Invesco S&P SmallCap Momentum ETF From 10/13/22

Summary The outlook for the market and the economy that we laid out in our last quarterly note remains unchanged. A dancing bear is still a bear, and we think lowering portfolio beta exposure below benchmark is key to navigating this recessionary bear market successfully. We t...

Summary AIER’s Leading Indicators Index fell to a new cycle low of 25 in September from 29 in August. The latest result is the fourth consecutive month below the neutral 50 threshold and, excluding the lockdown recession in 2020, matches the lowest level since the recovery ...

Summary The Producer Price Index for September rose by 0.4%, doubling the 0.2% projected increase, according to data released by the Bureau of Labor Statistics. On an annual basis, PPI rose 8.5%. This was down slightly from 8.7% in August, but still indicates significant price pre...

Summary The current investing environment has been especially challenging due to the fact most investment vehicles have generated a negative return this year. At current equity market levels and given the extent of the three-quarter decline this year, historical market performance...

Summary The September PPI for Final Demand was at 0.4% month-over-month seasonally adjusted, up from a 0.2% decrease last month. The BLS shifted its focus to its new "Final Demand" series in 2014, a shift we support. The Core Producer Price Index is far more volatile than the ...

Summary The February 2020 high of 17,944 is the next price test on deck for the TSX. The relative strength of financials and fossil fuels has softened the overall index losses to date; that’s unlikely to last. With the popping of the everything bubble, the assets most i...

Summary The largest and most expensive US metropolitan areas are scrambling to recoup the job losses they incurred during the pandemic amid a migration to lower-cost metros. The pandemic greatly diminished the advantages of business, commerce, and entertainment clusters. Tight...

Summary Global economic output contracted for a second straight month in September, adding to signs that businesses around the world are reporting the toughest conditions outside of pandemic lockdowns since the global financial crisis. Manufacturing is being hit by rising prices, ...

Summary The value of trade between the U.S. and China accelerated in August 2022 on the strength of U.S. exports to China. This event coincided with early shipments of U.S. soybeans to China. The early surge in U.S. soybean exports will add a tailwind to U.S. economic growth i...

Summary The latest and greatest monthly inflation report is due out at 8:30 AM Eastern Time on Thursday, October 13th. Stocks are already jittery, and one analyst has predicted that a bad report would send stocks tumbling by as much as 5%. Handicapping where US September CPI i...