$TILT
FlexShares Trust
PRICE
$159.02 -
Extented Hours
VOLUME
6,215
DAY RANGE
160.08 - 161.68
52 WEEK
140.15 - 183.39
Join Discuss about TILT with like-minded investors
@AJAJ #droscrew
I can watch that head tilt all day.. soooo cutey > @dros said: @AJAJ https://twitter.com/puppiesiover/status/1546846952532238336?s=21&t=0XCVxq4gXqQ2aZ7kqu-gWg
148 Replies 11 ๐ 14 ๐ฅ
@trademaster #TradeHouses
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S. central bank officials acknowledged may be eroding public trust in their power, and being driven by events seen increasingly out of their hands. The widely expected move raised the target federal funds rate by three-quarters of a percentage point to a range of between 1.5% and 1.75%, still comparatively low by historic standards. But the Fed's hawkish commitment to controlling inflation has already touched off a broad tightening of credit conditions being felt in U.S. housing and stock markets, and likely to slow demand throughout the economy - the Fed's intent. Officials also envision steady rate increases through the rest of this year, perhaps including additional 75-basis-point hikes, with a federal funds rate at 3.4% at year's end. That would be the highest level since January 2008 and enough, Fed projections show, to slow the economy markedly in coming months and lead to a rise in unemployment. "We don't seek to put people out of work," Fed Chair Jerome Powell said at a news conference after the end of the Fed's latest two-day policy meeting, adding that the central bank was "not trying to induce a recession." Yet the Fed chief's remarks were among his most sobering yet about the challenge he and his fellow policymakers face in lowering inflation from its current 40-year high, to a level closer to its 2% target, without a sharp slowdown in economic growth or a steep rise in unemployment. "Our objective really is to bring inflation down to 2% while the labor market remains strong ... What's becoming more clear is that many factors that we don't control are going to play a very significant role in deciding whether that's possible or not" Powell said, citing the war in Ukraine and global supply concerns. "There is a path for us to get there ... It is not getting easier. It is getting more challenging," he told reporters, noting that the rate hikes announced last month and in March so far had not only failed to slow inflation, but allowed it to continue accelerating to a level that recent data indicates have begun to influence public attitudes in a way that could make the Fed's job even harder. 'EYE-CATCHING' A survey released on Friday showed consumer inflation expectations jumped sharply in June, a result Powell called "quite eye-catching," and enough to tilt policymakers towards a larger 75-basis-point hike in hopes of making faster progress on the inflation front and retaining public trust that price increases will slow. "This is something we need to take seriously," Powell said of the change in consumer inflation expectations. "We're absolutely determined to keep them anchored." The faster pace of rate hikes outlined by officials on Wednesday more closely aligns monetary policy with the rapid shift that took place this week in financial market views of what it will take to bring price pressures under control. Bond yields fell after the release of Fed projections on Wednesday that showed economic growth slowing to a below-trend rate of 1.7%, and policymakers expecting to cut interest rates in 2024. Stocks on Wall Street ended the day higher. Interest rate futures markets also reflected about an 85% probability that the Fed will raise rates by 75 basis points at its next policy meeting in July. For September's meeting, however, the greater probability - at more than 50% - was for a 50-basis-point increase. Powell, departing from the firmer guidance he has previously given about future rate increases, made no promises on Wednesday. Given an unexpected jump in a monthly inflation report on Friday and the jump as well in expectations, "75 basis points seemed like the right thing to do at this meeting, and that's what we did," he said. But he said rate hikes of that size were not likely to "be common," and that when Fed policymakers gather in July an increase of either half a percentage point or three-quarters of a point would be "most likely." NOT A 'VOLCKER MOMENT' The tightening of monetary policy was accompanied by a downgrade to the Fed's economic outlook, with the economy now seen slowing to a below-trend 1.7% rate of growth this year, unemployment rising to 3.7% by the end of this year, and continuing to rise to 4.1% through 2024. While no Fed policymaker projected an outright recession, the range of economic growth forecasts edged toward zero in 2023 - with an index of Fed opinion showing officials almost unanimous in thinking risks were for growth to be slower, and inflation and unemployment higher, than expected. Analysts, many of them critical of Fed projections in March that saw inflation easing with modest rate hikes and no increase in the unemployment rate, said the new outlook was more realistic. "The Fed is willing to let the unemployment rate rise and risk a recession as collateral damage to get inflation back down. This isn't a Volcker moment for Powell given the magnitude of the hike, but he is like a Mini-Me version of Volcker with this move," said Brian Jacobsen, senior investment strategist at Allspring Global Investments, referring to former Fed Chair Paul Volcker, whose battle with inflation in the early 1980s involved sharp and unexpected rate increases of as much as four percentage points at a time. Even with the more aggressive interest rate measures taken on Wednesday, policymakers nevertheless see inflation as measured by the personal consumption expenditures price index at 5.2% through this year and slowing only gradually to 2.2% in 2024. Inflation has become the most pressing economic issue for the Fed and begun to shape the political landscape as well, with household sentiment worsening amid rising food and gasoline prices. Kansas City Fed President Esther George was the only policymaker to dissent in Wednesday's decision, preferring a half-percentage-point rate hike.
52 Replies 7 ๐ 12 ๐ฅ
@lucullus #droscrew
is that because the charts has a left to right upward tilt to it?
149 Replies 13 ๐ 7 ๐ฅ
@trademaster #TradeHouses
By Kevin Buckland TOKYO (Reuters) - Hong Kong led strong gains in Asian stock markets on Thursday, buoyed by signs of progress in peace talks between Russia and Ukraine and by expectations of more support for China's wobbly economy. Pan-European stock futures also looked set for a firmer open, pointing 0.21% higher. U.S. stock futures indicated a slightly lower restart, but followed a 2.2% surge for the S&P 500 overnight. Investors took in stride the long expected start of monetary tightening in the United States. Treasury yields eased a little after spiking to nearly three-year highs overnight - with shorter-end yields rising more to flatten the curve - after the Fed on Wednesday raised the policy rate for the first time since 2018. The Fed increased rates by a quarter point, as expected, and telegraphed equivalent hikes at every meeting for the remainder of this year to aggressively curb inflation. The dollar, though, remained on the back foot and oil stabilized well south of recent multi-year highs amid signs of material progress in talks between Russia and Ukraine to end a three-week-old invasion that Moscow says is a "special military operation" to demilitarize its neighbour. Meanwhile, investors' concerns about a sharp slowdown in China, which is battling a spreading COVID-19 outbreak with ultra-restrictive measures, were assuaged after Vice Premier Liu He on Wednesday signalled more stimulus to support the economy and markets, with additional supportive comments coming from the country's central bank, the securities regulator and elsewhere. Hong Kong's Hang Seng jumped more than 5%, adding to Wednesday's 9% surge. Beaten down sectors including tech and real estate soared, with Country Garden Services Holdings and Country Garden Holdings climbing about 28% and 26%, respectively. Alibaba (NYSE:BABA) Group Holdings leapt 9%. Chinese blue chips gained 2.3%, extending the previous day's 4.3% rebound. Japan also saw outsized gains, with the Nikkei vaulting 3.5% and touching a two-week peak. An MSCI index of regional shares rallied 3%. Wall Street stayed strong despite the Fed's more hawkish tilt because Chair Jerome Powell "emphasised that the economy was strong enough to withstand hikes, saying he wasn't concerned by the possibility of a recession," National Australia Bank (OTC:NABZY) economist Taylor Nugent wrote in a client note. Glimmers of progress in Russia-Ukraine peace talks had already boosted market sentiment, along with the positive comments from Chinese officials, Nugent said. The two-year U.S. Treasury yield hit 2.002% after the Fed decision before easing to 1.9159% in Tokyo trading, while the 10-year yield jumped to 2.2460% and then eased to 2.1403%. Both overnight levels were the highest since May 2019. The safe-haven greenback remained out of favour, though, amid the improvement in market sentiment, and while the outcome of the Fed meeting was on the hawkish side, analysts saw it as within the bounds of market expectations. The dollar index, which tracks the currency against six major peers, was slightly weaker at 98.476 after declining 0.47% on Wednesday. Where the dollar showed some strength was against Japan's currency, standing at 118.82 yen, not too far from the more than six year high of 119.13 reached overnight amid a widening monetary policy gap. The Bank of Japan is widely seen keeping stimulus ultra-easy on Friday as the economy continues to sputter. The euro eased slightly to $1.1029, but holding on to most of Wednesday's 0.74% bounce. Sterling stayed firm, trading at $1.3156 after rallying 0.77% in the previous session. The Bank of England announces policy later on Thursday and is expected to hike rates by an additional quarter point. Crude oil rebounded on Thursday after the International Energy Agency (IEA) said a decline in oil demand due to higher prices would not offset the massive supply shortfall caused by a shut-in of Russian oil supplies. Brent crude futures were up about $1.76, or 1.8%, to $98.02 a barrel, compared with a recent peak of $129.30. U.S. West Texas Intermediate (WTI) crude was up $1.66, or 1.75%, to $95.04 a barrel, versus a top earlier this month of $124.58.
149 Replies 10 ๐ 15 ๐ฅ
@Marcosx #ivtrades
maybe th ecan trot out some old corpse with a dovish tilt to smooth things over what is old yellers doing these days?
78 Replies 10 ๐ 11 ๐ฅ
@Pyrognosis #droscrew
At the same time, 30-year nominals (on the right, above) are through their 50- and 100-DMAs. โTo this point, the vast majority of the move year-to-date in long-end nominals is from real yields moving higher,โ Nomuraโs Charlie McElligott said Wednesday, adding that market-based inflation expectations indicators โcontinue chopping, but remain generally sideways.โ As I suggested earlier this week, thatโs important to grasp. If breakevens arenโt crumbling, rising real yields either represent โUS growth being repriced somewhat higher, or [the] addition of risk-premia due to potential (negative) implications of Fed policy tightening,โ McElligott went on to say. Of course, higher reals equate to tighter financial conditions, and while tech shares are starting to buckle, the factor and thematic trade (i.e., the under-the-hood โstuffโ) suggests markets are relatively confident in the economyโs capacity to live with COVID (providing new strains are less likely to cause severe disease, of course) and stomach Fed hikes. โWhere are we seeing this โconfidenceโ in US economic growth?,โ McElligott asked, before answering his own question. Itโs visible in factor behavior, โwhich shows a clear bullish tilt to โEconomically Cyclical / Inflation Sensitives,โ and away from โDuration proxies,'โ Charlie wrote, noting big โgreenโ moves in a 10-year yield sensitive factor, cyclical value, a crude-sensitive basket and small-caps, among other relevant expressions.
67 Replies 6 ๐ 7 ๐ฅ
@trademaster #TradeHouses
By Alun John HONG KONG (Reuters) - Asian shares and European futures slipped on Friday as traders edged away from riskier assets amid renewed concerns about COVID-19 and caution ahead of key U.S. inflation data, which also kept currencies in check. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.6%, snapping three days of gains and Japan's Nikkei shed 0.5%. In early European trading, the pan-region Euro Stoxx 50 futures fell 0.53% and FTSE futures lost 0.46% Shares and risk-friendly currencies had performed well earlier in the week, with MSCI's regional benchmark posting its best day in two months on Tuesday, helped by indications the Omicron strain of the new coronavirus might not be as economically disruptive as first feared. Despite Friday's falls, the index is still up 1.7% this week. However, "as we got towards the end of the week the fact that Europe was much more clearly moving into a sort of lockdown-lite and COVID-19 case numbers in the U.S. are starting to ratchet up flipped things a little bit," said Rob Carnell, head of research Asia Pacific at ING. "Also there is a slight sense of 'let's not have too much risk on the table for the weekend'. Of course, there is CPI out in the U.S. - but I think we've all woken up to the fact that there is inflation in the U.S. now," he added. U.S. consumer price index (CPI) for November is due later Friday and a Reuters poll of economists expect it to have risen 6.8% year-on-year, overtaking a 6.2% increase in October, which was the fastest gain in 31 years. Any upside surprise will likely be interpreted as a case for a faster Fed taper and bring forward expectations for interest rate rises. Elsewhere, shares in China Evergrande Group lost 1.5% after Fitch downgraded it to restricted default status. However, contagion was limited and an index tracking mainland Chinese developers listed in Hong Kong dipped just 0.36%, outperforming the local benchmark off 0.66%. Markets more broadly are much less concerned by the latest development in the long running Evergrande saga than they were a few months ago. "This issue has been going on for two-and-a-half months now, and markets don't seem to be as fussed because a default on Evergrande's offshore debt has seemed highly likely," said Shane Oliver, head of investment strategy at AMP (OTC:AMLTF) Capital. Also in China, the central bank on Thursday directed financial institutions to hold more foreign exchange in reserve for a second time this year, which markets interpreted as an attempt to slow a recent rapid appreciation of the yuan. This caused the yuan to lose about half a percent in offshore trade on Thursday. It was volatile on Friday and last sat at 6.3697. Other currency moves were muted. The dollar index held firm ahead of the CPI data, and was heading towards its seventh consecutive weekly rise, its longest since mid 2014. The euro also took a breather having jumped 0.7% on Wednesday, in line with an overall risk friendly mood, before falling 0.4% on Thursday as sentiment started to turn. The risk-off tilt caused longer dated U.S. Treasury yields to slip a little overnight before steadying. Benchmark 10-year Treasury notes were last at 1.4888%. The two-year yield stayed elevated at 0.7086%. Oil also lost ground on Friday, but like equities was heading for a weekly gain. U.S. crude dipped 0.14% to $70.84 a barrel. Brent crude fell 0.2% to $74.27. [O/R] Gold, however, edged higher. The spot price rose 0.16% to $1,777.3an ounce. [GOL/]
97 Replies 13 ๐ 11 ๐ฅ
@Andrzej #decarolis
Anzi, ho dovuto ricaricare la pagina perchรจ okotoki andato in tilt con il flusso dei ordini ๐
125 Replies 12 ๐ 9 ๐ฅ
@Pyrognosis #droscrew
In a separate note, I elaborated, citing Deutsche Bankโs Aleksandar Kocic in writing that a central tenet of the post-Lehman system would be challenged (in spirit at least) by a decision from a major, developed market central bank to deploy preemptive hikes to manage risk โ any kind of risk, be it inflation, financial stability or otherwise. I was talking about the BoE, but now we have the BoC moving quickly in that direction. And in all likelihood, RBNZ will pull the trigger again soon. The RBA may try to stick with the existing timeline, but swaps are pricing three hikes by the end of 2022 versus the bankโs projection of no hikes until 2024. In short, the risk discussed here last weekend (and every day last week) is playing out in real time. โThe global rates market has scrambled to add and pull forward hikes into the front-end, as the inflation mess has only accelerated, and accordingly, central bank messaging has inflected by and large to โhawkish,'โ Nomuraโs Charlie McElligott said Wednesday, noting that even assumptions about the ECB are being challenged. โThe market is now panicking that the ECB might not walk back hikes which have been priced into the front-end aggressively in recent weeks, particularly as both credit- and sovy- spreads arenโt really moving, while financial conditions remain easy as well,โ McElligott went on to say, flagging a โfull-tilt raging rate vol squeezeโ in the EUR grid. TDโs Kelvin and Whelan were taken aback Wednesday. While the move in Canadian 5s settled down eventually, Kelvin said TD โunderestimated the liquidity impact and blow-out risk around a hawkish response.โ Although the bank intended to enter some trades post-BoC, they decided to wait and โlet the market breathe.โ โWe certainly did not anticipate this kind of market reaction,โ they wrote. โThis is wild.โ
108 Replies 15 ๐ 8 ๐ฅ
@lucullus #droscrew
I think the underlying truth is that TESLA IS SELLING MOST OF THE CARS IT MAKES IN cHINA TO EUROPE, oNCE bERLIN CMES ON LINE, MAYBE THEY HAVE SOME ISSUES KEEPING that tesla factory in shanghai running at full tilt
77 Replies 13 ๐ 10 ๐ฅ
Key Metrics
Market Cap
1.51 B
Beta
0.99
Avg. Volume
14.77 K
Shares Outstanding
9.40 M
Yield
1.41%
Public Float
0
Next Earnings Date
Next Dividend Date
2022-09-16
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