A raft of positive economic news was released last week, pointing to a robust ongoing recovery from the pandemic-triggered downturn and adding to the thesis that inflation is set to accelerate. Leading manufacturing data from the Federal Reserve Banks of Philadelphia and New York were extremely constructive for business activity going forward. The Philadelphia Fed [...] Read more at ETFtrends.com.
By Patrick Watson The narrative is nice to imagine: The US economy will grow fast in 2021 as we beat the coronavirus and everyone shops freely, travels widely, and hugs random strangers. There’s more. Trillions in government and Federal Reserve support will finance a consumer spending spree, keep the housing market strong, and bolster Wall [...] Read more at ETFtrends.com.
The coronavirus outbreak has been a blessing in disguise for the video gaming industry. The pandemic has confined people indoors to minimize human-to-human contact. This in turn has resulted in increased demand for in-house sources of entertainment, driving video games sales. Not
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
The latest existing home sales data looks disappointing. Per the National Association of Realtors (NAR) report, there was a 3.7% month-over-month decrease in existing homes sales to a seasonally-adjusted annual rate of 6.01 million units in March. However, existing home sales r
By Rob Sharps, CFA Head of Investments and Group Chief Investment Officer An unusual rebound may provide opportunities even as rates rise. Key Insights: T. Rowe Price investment professionals have varying views on the recent increase in Treasury yields but expect an atypical economic rebound later in 2021. We highlight viewpoints related to inflation protected securities, the Treasury [...] Read more at ETFtrends.com.
When looking to allocate funds to the consumer goods or services sectors, one pair of funds worth considering is the Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and the Invesco S&P SmallCap Consumer Staples ETF (PSCC). “My advice for long-term investors: establish full allocations in both sectors and maintain them both throughout market cycles,” wrote [...] Read more at ETFtrends.com.
SVB Financial Group (NasdaqGS: SIVB) first quarter earnings beat and positive guidance helped lift bank sector-related ETFs on Friday. Among the best performing non-leveraged ETFs of Friday, the iShares U.S. Regional Banks ETF (NYSEArca: IAT) advanced 3.9% and Invesco KBW Bank ETF (NASDAQ: KBWB) increased 2.9%. The broader Financial Select Sector SPDR (NYSEArca: XLF) gained 1.9%. [...] Read more at ETFtrends.com.
Vietnam’s economy is skewing back toward the upside, which should put assets like the VanEck Vectors Vietnam ETF (VNM) in focus. “A surging U.S. economy on the back of massive stimulus and pent-up demand will benefit exporters in Asia, with Vietnam receiving the biggest windfall,” a Bloomberg article said. “If the U.S. growth rate accelerates to [...] Read more at ETFtrends.com.
U.S. markets and stock ETFs rebounded Friday after a steep falloff in the previous session in response to talks of hiking U.S. capital gains taxes. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 1.5%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) rose 0.7%, and iShares Core S&P 500 ETF (NYSEArca: IVV) was 1.2% [...] Read more at ETFtrends.com.
When something like ESG skyrockets in popularity, it can be difficult to avoid becoming a target for scrutiny. In this case, it’s the Securities and Exchange Commission (SEC) taking aim. The SEC has taken a more proactive approach when it comes to compliance requirements for ESG. “As investor demand for socially responsible investing continues to [...] Read more at ETFtrends.com.
Until the last several months of 2020, value stocks had languished. The situation is finally improving, bringing with it better things for certain actively managed ETFs like the Fidelity Blue Chip Value ETF (FBCV). FBCV will normally invest primarily in equity securities of companies that the Adviser believes are undervalued in the marketplace in relation [...] Read more at ETFtrends.com.
Stocks and index ETFs rallied higher on Friday, regaining some of the lost ground from the previous session, after investors reevaluated worries that the Biden administration might raise capital gains tax rates. The Dow Jones Industrial Average gained 0.5%, aided by a pop in Goldman Sachs and Apple stock, while the S&P 500 advanced 1%. [...] Read more at ETFtrends.com.
As has been discussed for over a year, President Joe Biden is now likely to propose a plan to raise taxes on the richest Americans, including the largest-ever increase in levies on investment gains. This would be to finance about $1 trillion in social spending that serve childcar
The iShares Core MSCI International Developed Markets ETF is seeing unusually high volume in afternoon trading Friday, with over 2.0 million shares traded versus three month average volume of about 232,000. Shares of IDEV were up about 0.8% on the day.
In trading on Friday, the SPDR— S&P— Regional Banking ETF is outperforming other ETFs, up about 3.6% on the day. Components of that ETF showing particular strength include shares of Svb Financial Group, up about 11% and shares of Boston Private Financial Holdin
Alibaba (NYSE:BABA) recently drew the ire of Beijing, reminding investors that political risk is an important issue to consider in emerging markets. Still, the WisdomTree China ex-State-Owned Enterprises Fund (NasdaqGM: CXSE) merits attention in this environment. CXSE tracks Chinese companies that are not state-controlled. State-owned enterprises are defined as government ownership of more than 20% [...] Read more at ETFtrends.com.
The real estate sector has been enjoying a huge rally on the dual tailwinds of accelerating economic growth and Fed’s accommodative stance. Additionally, a resurgence in the number of COVID-19 cases led to investors’ flight to a defensive sector like real estate.The strong tr
In the universe of disruptive technologies, artificial intelligence is one of the deepest, most durable themes, and that status is meaningful to strategies like the ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ). ARKQ holdings “are focused on and are expected to substantially benefit from the development of new products or services, technological improvements and [...] Read more at ETFtrends.com.
Given the current cryptocurrency craze, Coinbase Global’s COIN made a successful debut on the Nasdaq last week, raising about 31% on its first trading day on Apr 14. It is the first major crypto company to go public with valuation of $65 billion and will be the biggest benefici