XSMO News and Press, Invesco S&P SmallCap Momentum ETF From 10/27/22

Summary Initial claims for regular state unemployment insurance rose by 3,000 for the week ending October 22nd, coming in at 217,000. The number of ongoing claims for state unemployment programs totaled 1.197 million for the week ending October 8th, a drop of 1,325 from the prior ...

Summary Real gross domestic product rose at a 2.6% annualized rate in the third quarter versus a 0.6% rate of decline in the second quarter and -1.6 pace in the first quarter. Consumer price measures showed another rise in the third quarter, though the pace decelerated. Linger...

Summary GDP came in better than expected, and nominal growth remains very strong. The GDP number suggests the Fed still has plenty of work left to do. The fear of missing out has gotten ahead of itself once again. The US economy remains robust, with a 2.6% real GDP g...

Summary The latest new orders number at 0.4% month-over-month was slightly worse than the Investing.com 0.6% estimate. The series is up 11.3% year-over-year. If we exclude transportation, 'core' durable goods was down 0.5% MoM and up 5.1% YoY. In theory, the durable goods orde...

Summary With inflationary pressures and recessionary fears remaining top-of-mind, equity managers see no short-term end to the bumpy ride in markets. One of the key risks cited by equity managers in our third-quarter report is the possibility of inflation remaining stuck at high l...

Summary The FOMC will be meeting November 1–2, but there will be no projection materials to inform the public if there are significant changes in the Committee’s outlook. Thus, the Beige Book and a first reading on Q3 GDP will be the major sources of current informat...

Summary Business investment and employment look set to also deteriorate amid the drop in confidence and signs of excess capacity developing. The US economic downturn gathered significant momentum in October, according to the flash S&P Global PMI data. A further uncertainty...

Summary Rising rates continue to cause strong headwinds in Q3 2022. The new paradigm in Momentum investing. Quantifying inflation sensitivity in major benchmarks. The market continues to follow the 2000 road map. Rising rates create strong headwinds in Q3 The...

Summary Here are my big three for investors to consider in the fourth quarter of 2022: recessionary fears, high inflation, and slowing growth. As we analyze the risk of recession in the United States, we must consider whether the country can shift into a more normal expansion. ...

Summary A super-strong dollar, collapsing housing and commodity prices, and a huge increase in real interest rates were all but shouting at the Fed to back off and give the economy some time to digest things. If the Fed had been paying attention to the slowdown in M2, they would h...