SPLV

The Stock Market Sell-Off May Have Only Just Begun

The S&P 500 has pulled back 4% from recent highs, but it's not due to geopolitical tension. Rates, the dollar, yen, and oil are not reflecting typical flight to safety characteristics. Markets are correcting for their massive blunder. Financial conditions are tightening, and the market is correcting its errors.

Inflation Progress May Be Bumpy, But Is Likely To Continue

Home Market Outlook Economy Analysis Inflation Progress May Be Bumpy, But Is Likely To Continue. Inflation cooled substantially last year, but upside surprises in early 2024 for the US and Europe have many investors concerned. Global central banks seem to be making continued progress. In inflation, inflation is improving in more major economies.

The World Is Overweight U.S. Assets

The world is now overweighting U.S. Assets by 40% of gross domestic product. By 2012, the private sector held a sizeable short position in the U.s. Dollar. As a share of GDP, the world has shifted from overweighting foreign assets to underweighting them. The world has experienced superior growth and asset market performance in the last decade.

U.K. Wage Growth Proves Sticky Despite Rising Unemployment

Private-sector pay up 12% annualised on a month-on-month basis. The unemployment rate notched up to 4.2% from 3.9%. Wage growth is temporarily stuck in the 6% area. The Bank of England will wait until August to cut rates for the first time.

Why Are U.S. Yields Rising? It's The Economy

Despite likely Fed rate cuts this year, U.S. Government bond yields have risen on the back of stronger-than-anticipated economic performance. Rising yields reflect the outperforming economy and the market's expectations for fewer interest rate cuts. The economy isn't showing any signs of slowing and the broader disinflation trend is intact.

Iran Attacks Israel - How Could Markets Be Impacted?

Consumers Binge Despite Higher Interest Rates, And The Fed Watches Them Nervously

Retail sales in March increased by 0.7% seasonally adjusted, with a year-over-year jump of 4.0%. Total retail sales jumped 10.1% in March from February to $712 billion. Ecommerce, food services, and general merchandise retailers were the biggest drivers of growth.

The Tides Of Time: The Impact Of Aging Demographics