E-Mail Us 1 855 621-9877
 

Risk Managed Strategy Funds

AS SEEN IN

John Hancock: Weekly Market Recap Week Ended February 17th

February 22, 2023
Inflation’s persistence

Mixed readings on inflation fueled concerns that the U.S. Federal Reserve may extend its rate-hiking cycle longer than expected. Tuesday’s Consumer Price Index release showed a smaller-than-expected decline to an annual inflation rate of 6.4%; a separate report on Thursday indicated that prices charged by industrial suppliers rose more than had been forecast.

 

Rising yields

The latest data on inflation pushed the yields of 2- and 10-year U.S. Treasury bonds to their highest levels in more than three months. The 2-year’s yield rose to 4.61% on Friday while the 10-year’s yield was 3.83%—maintaining a yield curve inversion, with short-term debt yielding more than long-term debt.

 

Earnings slog

Earnings continued to be subpar, with fourth-quarter results now released for more than 80% of the companies in the S&P 500. As of Friday, earnings were expected to decline 4.7% compared with the same quarter a year ago, based on companies that have reported as well as forecasts for firms that haven’t yet reported.

 

Price check ahead

An update of the U.S. Federal Reserve’s preferred gauge for tracking inflation is scheduled for Friday. In the most recent release on January 27, the government reported that its Personal Consumption Expenditures Price Index rose at an annual 5.0% rate in December, down from 5.5% the previous month. Excluding food and energy, prices rose at a 4.4% annual rate—the lowest in 14 months.

 

Source: https://wmr.jhinvestments.com/

Categories

Recent Posts

Archives

Tags

Active Management and the Bank of Japan (BOJ) Bear and Bull Capital Markets Outlook Chair Jerome Powell Columbia Threadneedle Coronavirus catalyst Coronavirus Peak COVID-19 COVID-19 Impacts Across Markets E-Valuator RMS Funds Q1-2020 Market Overview economic collapse economic data Fed’s GDP financial institutions FOMC GameStop global economic Global Research investors’ expectations J.P. Morgan Leading economic indicator Macquarie Fixed Income market drop Market GPS markets outlook MFI MONETARY POLICY moneymanagement pandemic Q2 2020 recessionary period Retail Sales Road to Recovery Playbook S&P 500 Index Sector leaders Smoking Gun surging unemployment TD Ameritrade Morning Trade the COVID-19 Recession the European Central Bank (ECB) The Federal Reserve (Fed) U.S. Fiscal Stimulus Value stocks weekly gains

RISK: There are risks involved with investing, including loss of principal. Current and future portfolio holdings are subject to risks as well. Diversification may not protect against market risk. There is no assurance the goals of the strategies discussed will be met. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from difference in generally accepted accounting in principles or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Bonds and bond funds will decrease in value as interest rates rise. These and other risks are described more fully in the fund’s prospectus. CREDIT RISK: The issuer of a fixed income security may not be able to make interest and principal payments when due. The lower the credit rating of a security, the greater the risk of default on its obligation.

Investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. This and other information is contained in the Fund’s prospectus and summary prospectus, which may be obtained online or by calling 1-888-507-2798.

Please read the prospectus carefully before investing.