DataTrek Research

The U.S. economy is currently experiencing a peculiar situation. A crucial recession indicator has been flashing for over a year, yet the other vital component of a downturn is nowhere to be found, DataTrek Research wrote in a note. What Happened: The spread between the 10-year and three-month...

Despite a recent downturn in the stock market, major U.S. tech companies like NVIDIA Corporation (NASDAQ: NVDA), Apple Inc (NASDAQ: AAPL), Tesla Inc (NASDAQ: TSLA) and more remain expensive compared to historical price-to-earnings ratios. But that is not deterring some analysts from having a...

Stocks ticked lower last week, with the S&P 500 declining 0.7% to close at 4,288.05. Down 4.9% in September, it was the worst month for the S&P since December. The index is now up 11.7% year to date, up 19.9% from its October 12 closing low of 3,577.03, and down 10.6% from its January...

Legendary American author Ernest Hemingway famously challenged himself to write a complete story in just six words, coming up with "For sale, baby shoes, never worn." On Monday, DataTrek Research co-founder Nicholas Colas made his own list of Hemingway-inspired six-word stories to tell...

The consensus outlook for interest rates has shifted dramatically in the last month thanks in large part to the failures of U.S. banks SVB Financial Group, Signature Bank (NYSE: SBNY) and Silvergate Capital Corp (NASDAQ: SI), as well as the emergency takeover of Credit Suisse Group AG (NYSE: CS) by...

Between the 2008 financial crisis, the 2020 COVID-19 stock market crash and the 2022 inflation-driven stock market pullback, it may seem like the stock market has gotten riskier than it was in previous decades. On Monday, DataTrek Research co-founder Nicholas Colas said a look back at the...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher Monday morning to kick off a big week for investors ahead of Federal Reserve Chair Jerome Powell's two-day testimony to Congress on Tuesday and Wednesday. The 2023 stock market rebound ran out of steam in February after the...

The New York Fed's U.S. recession probability index based on Treasury spreads is currently sitting at its highest level in more than 40 years, even higher than its peaks prior to the bursting of the dot com bubble and the 2008 global financial crisis. Economic indicators suggest a recession may...

Tech stocks are off to a hot start in 2023 after a horrible year in 2022. Unfortunately, while tech stocks have come back to life in recent weeks, DataTrek Research co-founder Nicholas Colas is the latest market expert warning investors to approach big tech stocks cautiously. The Numbers: On Monday...

The SPDR S&P 500 ETF Trust (NYSE: SPY) was giving up some of its January gains on Monday ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET on Wednesday. Market Expectations: The bond market is pricing in 98.1% chance of a 0.25% hike and a 1.9% chance of...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.6% on Wednesday ahead of a critical consumer price index (CPI) inflation reading on Thursday morning. Economists are expecting the U.S. Labor Department to report 6.5% CPI inflation in December, down from 7.1% in November and a peak of 9...

There's no question that 2022 was a disaster for tech stock investors. The Technology Select Sector SPDR Fund (NYSE: XLK) is on track to finish the year down more than 28% but investors are looking ahead to 2023 in hopes that the new year will provide a fresh batch of tech stock catalysts...

Rising interest rates have crushed high-growth tech stock valuations in 2022, and most of the high-profile fintech IPOs of recent years are now trading well off their post-IPO highs. On Wednesday, DataTrek Research co-founder Jessica Rabe said fintech startups are now relying heavily on private...

The Invesco DB US Dollar Index Bullish Fund (NYSE: UUP) rebounded by 0.6% Monday morning after a difficult week last week. Investors dumped the dollar last week following encouraging inflation data, but Federal Reserve Governor Christopher Waller said Sunday that the Fed still has a long way to go...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.7% on Wednesday morning ahead of a critical consumer price index (CPI) inflation reading on Thursday morning. Economists are expecting the U.S. Labor Department to report 8% CPI inflation in October, down from 8.2% in September and a peak...