James Picerno | TalkMarkets | Page 90
Editor at The ETF Asset Class Performance Review
Contributor's Links: The Capital Spectator
James Picerno is a veteran financial journalist and has been writing about portfolio strategies, investment products, and macroeconomics since the early 1990s at Bloomberg, Dow Jones and other media groups before becoming an independent writer/analyst/consultant in 2008. He’s currently ...more

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US GDP Still Expected To Post Moderate Gain For Q4
Next week’s scheduled release of gross domestic product (GDP) for last year’s fourth quarter will likely be delayed due to the partial government shutdown, but the latest estimates for the indicator still point to a moderate gain.
Junk Bonds Leading US Fixed Income Returns So Far In 2019
Below-investment-grade fixed-income securities continue to post a sizable year-to-date performance lead over the rest of the major slices of the US bond market, based on a set of exchange-traded funds.
It (Still) Looks Like A Bear Market For US Stocks
The bear may continue to roar, but it’s reasonable to wonder if the deepest bite has passed.
Value In The Lead For US Equity Factor Returns So Far In 2019
Trading is set to resume today for the US stock market with value firmly in the lead for year-to-date performance for the major equity factors, based on a set of exchange-traded funds.
US Stocks Led Last Week’s Rebound
Global equities, real estate and commodities posted solid gains last week, offsetting losses in bonds.
US Business Cycle Risk Report - Friday, Jan. 18
The odds are still low that a new US recession has started, but economic momentum continues to slow. The headwinds remain moderate so far, but the potential for trouble later in the year is rising, in part due to the partial government shutdown.
Will Shutdown Risk End This Year’s Equity Sector Rallies?
The partial government shutdown could be a slow-moving train wreck for the US economy, but for the moment the crowd’s inclined to reprice the major equity sectors higher in the new year following 2018’s haircut.
The Shutdown Begins To Weigh On The Economic Outlook
Will the US government’s stalemate over budget negotiations trigger a recession? In “normal” times this question would be dismissed as absurd. But the times they are a changin’.
US GDP Growth Remains Set For Moderate Slowdown In Q4
Economic output is still on track to decelerate to a moderately slower pace in the government’s fourth-quarter report on gross domestic product (GDP) due later this month.
US Real Estate Investment Trusts Topped Last Week’s Gains
The biggest current drawdown is still held by broadly defined commodities. The iPath Bloomberg Commodity (DJP) has shed more than 50% from its previous peak.
It’s Been A Good Year So Far
Seven trading days don’t tell us much about price trends, but if we plead temporary insanity and restrict our view of performance to the 2019 calendar the numbers look encouraging.
Will The Consumer Inflation Trend Ease In December?
The minutes of the Federal Reserve’s monetary meeting in December reveal a tolerance among policymakers for delaying additional interest-rate hikes. Low and stable inflation is a factor in the dovish message.
Fed Funds Futures Pricing In A Pause In Rate Hikes For 2019
The Federal Reserve’s recent run of raising interest rates is expected to hit a wall in 2019, according to Fed funds futures.
Ranking The Current US Stock Market Drawdown Vs. History
It’s anyone’s guess if the recent rebound in US equities will soon push the S&P 500 Index to a new high. What we do know is that the market has staged a solid bounce so far.
Most Asset Classes Rebounded Last Week
With the exception of US real estate investment trusts (REITs), all the major asset classes ended the trading week on January 4 with gains.
US Private-Sector Hiring Rose Sharply In December
Companies dramatically increased hiring in December. Private payrolls rose 301,000 last month.
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