Gold mining stocks are one way for investors to gain exposure to gold. We take a closer look at the key considerations around this approach. Gold has long been considered an enduring store of value even under the most adverse economic conditions. Often overlooked in periods of prosperity, gold can also serve several important roles [...] Read more at ETFtrends.com.
So did the U.S. just enter a recession? It depends on who you ask. As you no doubt heard, U.S. real gross domestic product (GDP) shrank for the second consecutive quarter, falling 0.2% in the June period after a decline of 0.4% three months earlier. For many people, this is a clear indicator that the [...] Read more at ETFtrends.com.
Commodities may offer a hedge against inflation, as well as portfolio diversification. We address questions about the VanEck CM Commodity Index Fund in this Q&A. Commodities can enhance portfolio diversification and provide access to global growth. Historically, commodities have also acted as a hedge against inflation, outperforming U.S. stocks and bonds. Even in periods of [...] Read more at ETFtrends.com.
The oil and gas industry has been flush with demand in 2022, but for all the hand-wringing over high gas prices in the U.S., natural gas has been on a more consistent run of rising returns. VettaFi contributor Dan Mika spoke with VanEck Commodity Strategist Roland Morris about what’s driving the spread. (This interview has [...] Read more at ETFtrends.com.
Warner Bros. Discovery Inc. (NasdaqGS: WBD) shares plunged, dragging down communication services sector-related exchange traded funds after the multinational mass media conglomerate revealed a steep loss in its latest quarterly earnings report. The Communication Services Select Sector SPDR Fund (XLC) declined 1.2% on Friday. Meanwhile, Warner Bros. Discovery shares plummeted -16.5% on Friday. WBD makes [...] Read more at ETFtrends.com.
Biotechnology sector-related exchange traded funds continued to rally Friday on reports that Pfizer Inc. (NYSE: PFE) is looking to acquire Global Blood Therapeutics (NasdaqGS: GBT). On Friday, the Virtus LifeSci Biotech Products ETF (BBP) rose 1.8%, the SPDR S&P Biotech ETF (XBI) increased 3.6%, and the ALPS Medical Breakthroughs ETF (SBIO) was up 3.9%. Meanwhile, [...] Read more at ETFtrends.com.
U.S. dollar-related exchange traded funds strengthened Friday after the unusually strong July jobs report raised bets that the Federal Reserve will add more interest rate hikes ahead. On Friday, the Invesco DB US Dollar Bullish (UUP) was up 0.9% and the WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) increased 0.6%. UUP tracks the price movement [...] Read more at ETFtrends.com.
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.
EOG Resources Inc. (NYSE: EOG) shares jumped Friday, lifting energy sector-related exchange traded funds after the oil and gas company beat earnings expectations. On Friday, the iShares U.S. Oil & Gas Exploration & Production ETF (IEO) increased 3.4% and the Energy Select Sector SPDR (XLE) rose 2.6%. Meanwhile, EOG Resources shares gained 7.5%. EOG makes [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds retreated after a surprisingly strong July jobs report fueled fears that the Federal Reserve’s aggressive interest rate hike outlook might be extended. On Friday, the Invesco QQQ Trust (QQQ) fell 0.8%, the SPDR Dow Jones Industrial Average ETF (DIA) was up 0.1%, and the SPDR S&P 500 ETF Trust [...] Read more at ETFtrends.com.
The July jobs report dropped today, revealing that the U.S. has added 528,000 new jobs, officially recovering the 22 million jobs that were lost at the beginning of the pandemic, reported the Wall Street Journal. .Image source: Wall Street Journal Unemployment has also dropped again, to 3.5%, a low last experienced at the very beginning [...] Read more at ETFtrends.com.
An upbeat jobs report adding 528,000 jobs to the U.S. labor market has many believing the Federal Reserve will continue its path of aggressive rate hikes to fight inflation. This suggests that high inflation is here to stay — at least for a while. While the Fed is expecting job growth to slow, that doesn’t [...] Read more at ETFtrends.com.
After weakness struck energy markets beginning mid-June, the sector bounced back in July with midstream ETFs capturing some of the greatest inflows YTD. The Alerian MLP ETF (AMLP) and the Alerian Energy Infrastructure ETF (ENFR) saw $94 million and $4 million in net inflows during July. While ENFR, which has $107 million in assets under [...] Read more at ETFtrends.com.
The U.S. Federal Reserve (Fed) is tightening monetary policy in an effort to bring down the rate of inflation while still not tipping the economy into a recession. The process of neutralizing the impact of the massive amount of government stimulus we have seen in response to the economic impacts from the COVID pandemic will [...] Read more at ETFtrends.com.
After months and months of failed traction on a climate and tax bill by Senate Democrats, Senator Joe Manchin (D-West Virginia) announced a surprise deal last week with Senate majority leader Chuck Schumer (D-New York) that addresses climate change, reduces prescription drug costs, tax loops used by corporations and the wealthy, and lowering the U.S. [...] Read more at ETFtrends.com.
“We do not have government by the majority. We have government by the majority who participate.” – Thomas Jefferson I admit it, I regularly round-file any paperwork that shows up in a big plastic bag and says something like “Your Vote Matters!” If you’re honest, I’m guessing you do too. Those tomes of paper still [...] Read more at ETFtrends.com.
Despite maintaining its strong growth trajectory in the first quarter with revenues up over 60%, the valuation for MercadoLibre Inc. (NASDAQ: MELI) has compressed aggressively over the last year. The Argentina-based e-commerce giant is trading well below levels before the onset of COVID-19 in 2020. While the long-term fundamentals remain intact, short-term prices are reflecting [...] Read more at ETFtrends.com.
Yields on U.S. Treasury yields rose sharply Friday morning after the jobs report suggested the economy might not be cooling as fast as investors had assumed. The yield on the benchmark 10-year U.S. Treasury note was 2.801%, according to Tradeweb, up from 2.674% Thursday. This is still below its 2022 peak near 3.5% set in [...] Read more at ETFtrends.com.
The more than half a million new jobs added to the U.S. economy have many investors and analysts thinking that the Federal Reserve will continue its aggressive rate hike plan to fight inflation. The U.S. labor market added 528,000 jobs in July, more than double what Dow Jones estimated (258,000 more jobs). Unemployment also dropped [...] Read more at ETFtrends.com.
“The thing about active management, depending on one’s approach, obviously, is that inefficiencies in the market can be beneficial,” TrueMark Chief Investment Officer Mike Loukas told NYSE’s Judy Shaw at Exchange: An ETF Experience 2022 for ETF Leaders, powered by the New York Stock Exchange. To navigate anticipated market volatility, Fed policies, inflation, and [...] Read more at ETFtrends.com.