XYLD News and Press, GLOBAL X FDS From 10/27/22

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 Amazon founder and one of the world's richest men - Jeff Bezos - recently sounded the recession alarm. We discuss the implications of his warning on the S&P 500. We also share our approach in the current environment. For further details see: ...

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...

Summary JPMorgan's call overwriting/low volatility ETF (JEPI) has created substantial alpha since it started in 2020. Nonetheless, covered call ETFs have a chequered history. I do a statistical analysis of JEPI and a close underlying index to conclude it is a good investment. ...