Equities Play A Waiting Game

Consumption continued to drive growth in the first quarter. The waiting game continues for the U.S. Federal Reserve and other major central banks to cut interest rates this year. 2024 is shaping up to be a “normal” expansionary year with healthy levels of economic growth and inflation.

North America Construction Outlook: Politics And Policy Rates Test The Sector's Resilience

North American construction sector performed well in 2023. Mexico was top, experiencing rapid growth. In the US, a lack of existing homes for sale meant demand for new homes remained resilient despite high mortgage rates. 2024 and beyond is likely to be more challenging for the construction sector.

Weekly Report: what happened at FIDU last week (0415-0419)?

FIDU: Industrials Dashboard For April

Weekly Report: what happened at FIDU last week (0408-0412)?

Weekly Report: what happened at FIDU last week (0401-0405)?

Final PMI Signals Fastest U.S. Factory Production Growth Since May '22, Steeper Price Rise

Final PMI Signals Fastest U.S. Factory Production Growth Since May '22, Steeper Price Rise. The steepest rise in prices reported in March was recorded in the consumer goods-producing sector. The final PMI data for US manufacturing showed the production cycle moving up a gear. The latest increase in production was the largest recorded since May 2022.

Manufacturers Report Worldwide Supply Chain Improvement In March, Taking Heat Off Prices

Average supplier delivery times quickened slightly in March, according to the latest global manufacturing PMI surveys. The improvement in supply chains is good news for inflation, but prices continued to rise at an increased rate for consumer goods. A marked upturn in goods price inflation in the US contrasting with falling prices in the eurozone and China. The Global Manufacturing PMI showed the time taken for factories to receive goods shortened on average in March.

Worldwide Manufacturing Upturn Gains Momentum In March As Recovery Broadens Out

Worldwide Manufacturing Upturn Gains Momentum In March As Recovery Broadens Out. PMI surveys showed manufacturing business conditions improving at an increased rate in March. The Global Manufacturing PMI rose from 50.3 in February to 50.6 in March, its highest since July 2022. New orders rose worldwide for a second month in a row, increasing at the sharpest rate since May 2022. The upturn has broadened out to 17 of the 31 economies covered by the survey.

The Return Of U.S. Manufacturing Growth Lifts Optimism

US ISM manufacturing index surprises everyone by moving into growth territory for the first time since late 2022. Production jumping, new orders rising and inflation pressures increasing. The February reading of 50.3 is the strongest since September 2022. Construction spending was much weaker than expected and construction spending fell 0.3% month-on-month in February.

Weekly Report: what happened at FIDU last week (0325-0329)?

Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull: Corporate Profits By Major Industry

Home Market Outlook Economy Analysis Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull. Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The spike in profitability in inflationary times is a sign that companies hiked prices much faster than their costs.

Why Industrial Stocks May Be Ready For Their Close-Up

Benjamin Gossack, Managing Director and Portfolio Manager with TD Asset Management, says industrials are the real drivers in the bull market cycle. He says the top 10 stocks in the S&P 500 are outperforming while the bottom 60 are underperforming. Why industrial stocks may be ready for their close-up.

What Are Markets Pricing In?

Major stock market indices in the S&P 500 and Nasdaq are pricing in a significant rebound in growth throughout 2024. The areas of the market which are most forward-looking are looking increasingly priced to perfection. The more pro-cyclical and growth-sensitive sectors are yet to price in any material rebound.

Weekly Report: what happened at FIDU last week (0318-0322)?

Fidelity MSCI Industrials Index ETF declares quarterly distribution of $0.1870

Weekly Report: what happened at FIDU last week (0311-0315)?

VIS: Not Cheap, But A Solid Long-Term Fund For These Three Reasons

Vanguard Industrials ETF (VIS) is a low-cost ETF that offers a highly diversified mix of holdings within the industrials sector. The industrial sector is expected to experience growth due to robust new construction, record high defense spending, and infrastructure investment. The Boeing Company and UPS have the potential to make a comeback. VIS warrants a buy rating due to the fund's low cost and ability to capture a diverse mix of stocks in the industrial sector.

U.S. Manufacturing Outlook: Better Times Are Coming

Should You Invest in the Fidelity MSCI Industrials Index ETF (FIDU)?