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First Trust Dow 30 Equal Weight ETF News

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At Close: May 17, 2024
This old maxim has been around so long, it has spooked investors into selling in September. Of course, Thursday's market action did not do anything to engender confidence.

DJIA Changes - Interesting, Yet Meaningless

09:04am, Thursday, 03'rd Sep 2020
Recently, the Dow Jones Industrial Average went through a change in composition. These changes are not uncommon.
Is it going to be inflation or deflation? The two schools of thought are poles apart in their thesis of what effect central bank interventions will have.

September Will Be Ugly

06:58am, Thursday, 03'rd Sep 2020
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activity to determine whether the economy i

Analyzing U.S. Equity Market Peaks

10:18pm, Wednesday, 02'nd Sep 2020
The S&P 500 share index has gained around 50% from its March 23 low of 2237, although the sharpest appreciation was already realized by June.

World Markets Update: August 31, 2020

03:32pm, Wednesday, 02'nd Sep 2020
Six of eight indexes on our world watch list posted losses through August 31, 2020. The top performer is China's Shanghai with a gain of 11.33%.
Dr. David Kelly said that he was expecting a 13%-15% Q3 '20 GDP growth rate, after the expected sharp collapse in Q2 '20.
During the past couple of months, I discussed why the 35% decline in March was only a correction and not a bear market.

August/September 2020 Update

06:22am, Wednesday, 02'nd Sep 2020
The world still remains mired in a COVID-vaccine-is-coming holding pattern while the Federal Reserve and US Treasury continue to prop-up stocks, bonds, and hard assets with very low interest rate poli
Fed Chair Jay Powell announced a new inflation target policy that allows for inflation to rise moderately over its 2% target for a period of time.

Median Household Income In July 2020

05:13am, Wednesday, 02'nd Sep 2020
Political Calculations' initial estimate of median household income in July 2020 is $65,672, a decrease of 0.2% from June 2020's initial estimate of $65,778.

Rationalization: Low Rates Justify High Valuations

01:23am, Wednesday, 02'nd Sep 2020
The basic premise of the interest rate/valuation argument has its roots in the Fed Model, which states that when the earnings yield on stocks is higher than the Treasury yield, you invest in stocks, a
The Fed’s “inflation running hot” memo has created a pivotal point in the market rally, and the resulting asset price inflation is exactly what the Fed intended.

July Income And Consumption

01:55am, Tuesday, 01'st Sep 2020
Consumption is almost to the nadir of the Great Financial Crisis. We still have a long way to go.

COVID-19 Drives Record Write-Downs In 1H 2020

03:12pm, Monday, 31'st Aug 2020
Corporate managers appear to be using COVID-19 as a justification for writing down assets in unusually large amounts.
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