News, Commentary & Events: TSPA

Commentary

• Big Tech Is No Longer Certain; Consider Active

  ETF Database - 02/03/2023

  Big tech had a rough year in 2022. And with Google, Microsoft, Amazon, and Facebook having announced massive layoffs, it doesn’t appear as though 2023 will be the sector’s comeback year. And based on the recent lackluster earnings from Apple, Amazon, and Google parent Alphabet, it could be argued that the glory days of big tech are in the rearview.

• Markets Dip, Anticipating Earnings and Fed Decision

  ETF Database - 01/30/2023

  Stocks traded down on Monday as investors gear up for multiple earnings and the Federal Reserve’s decision on what to do with interest rates this week. As of Monday afternoon, the Dow Jones Industrial Average dropped 216 points, or roughly 0.6%, while the S&P 500 declined about 1.2% and the Nasdaq Composite fell by about 1.8%.

• Despite GDP Growth, Recession Fears Still Linger

  ETF Database - 01/26/2023

  Despite volatility and fears of a recession, the U.S. economy ended on an up note. Data released by the Commerce Department on Thursday showed that U.S. gross domestic product grew by a 2.9% annualized rate over the quarter that ended December 31. While representing a slowdown from 3.2% growth in the previous quarter, this is still above the 2.8% economists surveyed by Dow Jones had expected.

• The Time Is Right for Active Management to Shine

  ETF Database - 01/25/2023

  A combination of extraordinary policy action and substantial passive investment flows had a distorting impact on the U.S. equity market from 2011 to 2021. Because of low volatility and an increasingly concentrated market, active U.S. equity managers struggled to keep up with their passive counterparts during this period. The market dynamics that have been on display for the better part of the past decade are changing in a way that could benefit active management.

• Most Active U.S. Stock Funds Beat 2022 Benchmarks

  ETF Database - 01/11/2023

  After a volatile year, active management proved its value — especially when it came to active U.S. stock funds. Roughly half of all active funds topped their benchmark indexes in 2022, as noted by Morningstar’s Jeffrey Ptak.

• Active Management Key to Finding Investment Opportunities

  ETF Database - 01/06/2023

  Using active management to identify idiosyncratic stock ideas is key to pursuing alpha, according to David Eiswert, a portfolio manager in the U.S. Equity Division of T. Rowe Price. In an interview with Eiswert released by T. Rowe Price, the portfolio manager for the Global Focused Growth Equity Strategy said that “being active” and  “going against market sentiment when it is appropriate” is what the money manager does best — and the best way to find strong investment opportunities.

• Stocks Close 2022 With Worst Losses Since 2008

  ETF Database - 01/05/2023

  Stocks closed out 2022 experiencing their worst annual losses since 2008. CNBC reported that the Dow Jones Industrial Average ended the year down 8.8%, and 10.3% off its 52-week high. Meanwhile, the S&P 500 fell 19.4% for the year, more than 20% down from its record high, and the Nasdaq Composite ended 2022 down 33.1% from where it began in the year.

• Active ETFs Can Help Navigate the Likely Recession

  ETF Database - 12/30/2022

  Despite inflation coming down and a persistently strong job market, many still believe that a recession is probable, if not imminent. A probability model run by Ned Davis Research forecasted a 98.1% chance of a global recession. Meanwhile, new Bloomberg Economics model projections say that a U.S. recession is all but certain in the next 12 months.

• Strong Growth May Not Protect From a Recession

  ETF Database - 12/21/2022

  Monetary policymakers are working under the assumption that the current growth momentum and strong labor markets in Europe and the U.S. may shield economies from a recession in 2023. There’s a weak relationship between economic momentum and the severity of an ensuing economic downturn, according to a white paper issued by T. Rowe Price.

• Upbeat Inflation Report Uplifts Stocks

  ETF Database - 12/13/2022

  Inflation looks to be easing up a bit more, defying analyst expectations and boosting investor confidence. The consumer price index rose 0.1% in November after increasing 0.4% in October, while the index increased 7.1% over the last 12 months. These figures are lower than what economists surveyed by Dow Jones were expecting, which were monthly and annual increases of 0.3% and 7.3%, respectively.

• Active Management Gains Opportunities Amid Market Uncertainty

  ETF Database - 12/07/2022

  While active U.S. large-cap strategies have generally underperformed their passive counterparts over the past ten years, active strategies consistently outperformed their passive counterparts for most of the preceding decade. This, of course, begs the question, which is better: active or passive?

• During a Volatile January, Target Equities Responsibly

  ETF Database - 12/05/2022

  As 2022 ends, investors may want to brace themselves for more volatility in January. But it would be a mistake for long-term investors to not invest in equities, since according to Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Securities, “we’re setting ourselves up for a better long term bull market.”

• Stocks Dip in Anticipation of Friday Jobs Report

  ETF Database - 12/01/2022

  Following a huge rally, the Dow Jones Industrial Average dropped more than 100 points on Thursday as investors await Friday’s jobs report. The closely watched data coming Friday could determine the pace at which the Federal Reserve will raise interest rates going forward.

• ETF Performance in Challenging 2022 Displays Maturation

  ETF Database - 11/28/2022

  2022 has made for a challenging environment where exchange-traded fund (ETF) providers are tasked with deciding whether or not to introduce new products to the marketplace. The growth of ETFs, despite the economic challenges, has shown their maturity as an investment vehicle.

• Is the Bear Market in Its Closing Stages?

  ETF Database - 11/22/2022

  High inflation, rising interest rates, and the possibility of a recession looming over the horizon has suppressed investor confidence this year and pushed stocks into a bear market. The S&P 500 is down nearly 17% year-to-date.

• It's Now Time for Active Management

  ETF Database - 11/16/2022

  Exchange traded fund issuers are launching more actively managed funds as more investors accept the benefits of the ETF wrapper. Plus, amidst a high volume of market volatility and record-high inflation, investors are also seeking active management to guide their investments.

• Markets Bounce Ahead of Midterms and Inflation Report

  ETF Database - 11/07/2022

  Markets traded up on Monday morning in advance of the midterms and a key inflation report coming out. The Dow Jones Industrial Average rose by 138 points, or 0.4% in morning trading, while the S&P 500 climbed 0.3% and the Nasdaq Composite gained 0.1%.