|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||33.31 - 34.09|
|52 Week Range||33.11 - 117.92|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.89%|
In its October "World Economic Outlook" report, the International Monetary Fund or IMF also listed risks to its forecasts.
The past 12 months have seen one of the most profound and prolonged declines in market volatility on record.
Given that markets remain focused on the next Fed chair appointment and US tax reforms, volatility (VXX) could be low after the October jobs report.
US private sector employment increased by 235,000 jobs in October. Non-farm jobs have bounced back from a downward revised 110,000 jobs in September.
Fed Chair Janet Yellen, in her speech at the 2017 Herbert Stein Memorial Lecture, offered some more insight into the Fed’s balance sheet reducing strategy.
The US Federal Open Market Committee (or FOMC) is expected to leave rates unchanged and maintain the Fed funds range at 1.0% to 1.25% at its November meeting.
The October Conference Board LEI reported that average consumer expectations for business conditions for September are 0.37 above the mean.
The average weekly unemployment claims have a weight of 3.0% in the Conference Board Leading Economic Index (or LEI).
The start of Q3 earnings season has gone mostly as expected—a little bumpy for the markets, but still bullish enough to hit Dow 23,000.
Earnings season technically got underway last week with 17 of the S&P 500 constituent companies reporting.
As per the September ADP Employment Report, there was a major drop in the number of jobs created in the trade, transport, and utility sector.
In September, Fed Vice Chair Stanley Fisher submitted his resignation, citing personal circumstances, and will step down in mid-October.
Since the September 20 statement, markets have turned skeptical about whether the Fed will be able to go ahead with its December rate hike plan.
In general, tax cuts are considered positive. Lower corporate and individual taxes boost consumers’ spending power, which increases the demand for goods. This demand results in higher economic growth and…...
In a recent post by Project Syndicate, Nobel laureate and Yale economics professor Robert Shiller said that stock markets (SPY) are dangerously close to a bear market. Professor Shiller’s cyclically adjusted…...
After years of ultra-loose monetary policy, global markets are beginning to realize they may have to wave goodbye to easy money. In their efforts to save the global system from…