First Trust Exchange-Traded Fund files with the SEC-First Trust S&P 500 Diversified Free Cash Flow ETF
May 31, 2023-First Trust Exchange-Traded Fund has filed a Post-Effective Amendment, Registration Statement with the SEC for the First Trust S&P 500 Diversified Free Cash Flow ETF.
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Arrow Investments Trust files with the SEC-Arrow Reserve Capital Management ETF
May 31, 2023-Arrow Investments Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Arrow Reserve Capital Management ETF.
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Arrow ETF Trust files with the SEC-Arrow Dow Jones Global Yield ETF
May 31, 2023-Arrow ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Arrow Dow Jones Global Yield ETF.
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Capitol Series Trust files with the SEC-Fairlead Tactical Sector ETF
May 31, 2023-Capitol Series Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Fairlead Tactical Sector ETF.
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Two Roads Shared Trust files with the SEC-Regents Park Hedged Market Strategy ETF
May 31, 2023-Two Roads Shared Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Regents Park Hedged Market Strategy ETF.
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iShares Trust files with the SEC-iShares Lithium Miners and Producers ETF
May 30, 2023--iShares Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the iShares Lithium Miners and Producers ETF.
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iShares Trust files with the SEC-iShares Copper and Metals Mining ETF
May 30, 2023--iShares Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the iShares Copper and Metals Mining ETF.
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Rise of the tech giants exposes the problem of index distortions
May 30, 2023--Investors need to check whether passive investment vehicles deliver the diversification they want
Mega market cap stocks are eating their indices, distorting their usefulness in some cases as market gauges for investors.
The most widely used index in the world is the S&P 500, which is supposed to be a broad barometer of the US stock market but has increasingly been driven by a small number of tech giants. This year, the S&P 500 is up by about 10 per cent but with much of its returns driven by Apple, Microsoft, Amazon, Alphabet, Nvidia, Meta and Tesla.
USCF ETF Trust files with the SEC-USCF Aluminum Strategy Fund
May 30, 2023--USCF ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the USCF Aluminum Strategy Fund.
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ETF Opportunities Trust files with the SEC-3 Formidable ETFs
May 30, 2023-ETF Opportunities Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
Formidable ETF
Formidable Dividend and Income ETF
Formidable Fortress ETF.
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Investment Managers Series Trust II files with the SEC-AXS First Priority CLO Bond ETF
May 30, 2023-Investment Managers Series Trust II has filed a Post-Effective Amendment, Registration Statement with the SEC for the AXS First Priority CLO Bond ETF.
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ETF share of US market turnover jumps to a record 31%
May 29, 2023--Surge reignites debate over ETF influence and underlines increasing use to rapidly change market exposure
Exchange traded funds accounted for a record 30.7 per cent of US stock market turnover last year, a jump of more than a fifth from their 25.3 per cent share in 2021, raising questions about their seemingly unstoppable rise.
The data, revealed in the latest report from the Investment Company Institute, a US trade body, reignites concerns about their influence on the broader market and underlines their increasing use as shorter-term trading instruments for participants looking to rapidly change market exposure, analysts say.
ProShares Trust files with the SEC-ProShares S&P 500 Enhanced Covered Call ETF
May 26, 2023-ProShares Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the ProShares S&P 500 Enhanced Covered Call ETF.
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Professionally Managed Portfolios files with the SEC-Congress SMid Growth ETF and Congress Large Cap Growth ETF
May 26, 2023-Professionally Managed Portfolios has filed a Post-Effective Amendment, Registration Statement with the SEC for the Congress SMid Growth ETF
Congress Large Cap Growth ETF.
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IMF-United States of America: Staff Concluding Statement of the 2023 Article IV Mission
May 26, 2023-- Resilient Demand and a Robust Labor Market
The U.S. economy has proven resilient in the face of the significant tightening of both fiscal and monetary policy that took place in 2022. Consumer demand has held up particularly well, boosted initially by a drawdown of pent-up savings and, more recently, by solid growth in real disposable incomes.
Prime age labor force participation has risen above its pre-pandemic peak, the unemployment rate for women and African Americans has fallen to historical lows, and real wages have been rising faster than inflation since mid-2022. Growth of around 1.2 percent (on a q4/q4 basis) is expected for this year, modestly picking up momentum later in 2024. This slowing, but still-solid, growth is expected to be associated with unemployment rising slowly to close to 4½ percent by the end of 2024.