July's Consumer Price Index (CPI) increased by 0.1% month-over-month and 3.4% year-over-year, leading markets to reduce expectations of a Federal Reserve rate hike in September. Despite this, risks of tighter monetary policy remain due to energy-driven inflation and the potential for a prolonged energy supercycle. The labor market's current weakness is crucial; if it remains soft, it may prevent further Fed tightening despite ongoing inflation concerns. Investors are advised to stay fully invested but prepare for volatility, with future Fed moves likely dependent on upcoming labor data.
Questcorp Mining announced successful Phase 2A drilling results at its La Union project in Sonora, Mexico, revealing near-surface gold and polymetallic mineralization at Union Norte and confirming historic mineral systems at Union Mine. The campaign ...
Invesco offers two ETFs, QQQ and QQQM, that track the same Nasdaq-100 index with identical holdings and management but differ in fees. QQQ charges a 0.18% fee, while QQQM charges 0.15%, which may seem small but compounds into significant savings over...
The Invesco S&P 500 Momentum ETF (SPMO) has outpaced both the SPY and QQQ ETFs by gaining 150% over the past three years, driven by its dynamic semi-annual rebalancing of the top 100 S&P 500 stocks by price performance. Unlike rigid ETFs, SPMO adapts...
Demand for AI infrastructure is driving strong growth in the semiconductor sector, with companies frequently beating high expectations. However, this growth increasingly relies on debt, equity, and private capital, making it vulnerable to shifts in s...
The Invesco QQQ Trust ETF charged a steady 0.20% fee for years due to its unit investment trust structure, even as cheaper rivals emerged. This fee only decreased after shareholders approved a reclassification to an open-end fund structure at the end...
