Day: July 22, 2021

MSBI – Midland States Bancorp (MSBI) Q2 Earnings and Revenues Lag Estimates

Midland States Bancorp (MSBI Free Report) came out with quarterly earnings of $0.86 per share, missing the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -18.87%. A quarter ago, it was expected that this company would post earnings of $0.89 per share when it actually produced earnings of $0.81, delivering a surprise of -8.99%.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Midland States Bancorp, which belongs to the Zacks Banks – Northeast industry, posted revenues of $67.53 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 0.55%. This compares to year-ago revenues of $68.39 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Midland States Bancorp shares have added about 44.6% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for Midland States Bancorp?

While Midland States Bancorp has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Midland States Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.87 on $68.7 million in revenues for the coming quarter and $3.41 on $273.2 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Northeast is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

SBCF – Seacoast Banking (SBCF) Q2 Earnings Beat Estimates

Seacoast Banking (SBCF Free Report) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 11.32%. A quarter ago, it was expected that this holding company for Seacoast National Bank would post earnings of $0.48 per share when it actually produced earnings of $0.63, delivering a surprise of 31.25%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Seacoast Banking, which belongs to the Zacks Banks – Southeast industry, posted revenues of $81.12 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 2.35%. This compares to year-ago revenues of $82.28 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Seacoast Banking shares have added about 8.4% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for Seacoast Banking?

While Seacoast Banking has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Seacoast Banking was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.48 on $83.08 million in revenues for the coming quarter and $2.05 on $334.44 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Southeast is currently in the top 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

SAM – Boston Beer (SAM) Lags Q2 Earnings and Revenue Estimates

Boston Beer (SAM Free Report) came out with quarterly earnings of $4.72 per share, missing the Zacks Consensus Estimate of $7 per share. This compares to earnings of $4.69 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -32.57%. A quarter ago, it was expected that this brewer would post earnings of $2.39 per share when it actually produced earnings of $4.58, delivering a surprise of 91.63%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Boston Beer, which belongs to the Zacks Beverages – Alcohol industry, posted revenues of $602.81 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 7.41%. This compares to year-ago revenues of $452.14 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Boston Beer shares have lost about 6.5% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for Boston Beer?

While Boston Beer has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Boston Beer was unfavorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $7.80 on $654.47 million in revenues for the coming quarter and $23.54 on $2.43 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Beverages – Alcohol is currently in the top 45% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

ABCB – Ameris Bancorp (ABCB) Q2 Earnings Surpass Estimates

Ameris Bancorp (ABCB Free Report) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 3.31%. A quarter ago, it was expected that this bank would post earnings of $1.12 per share when it actually produced earnings of $1.66, delivering a surprise of 48.21%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Ameris Bancorp, which belongs to the Zacks Banks – Southeast industry, posted revenues of $251.09 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 3.72%. This compares to year-ago revenues of $284.77 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Ameris Bancorp shares have added about 24.7% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for Ameris Bancorp?

While Ameris Bancorp has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Ameris Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.14 on $255.74 million in revenues for the coming quarter and $5.22 on $1.04 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Southeast is currently in the top 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

EBSB – Meridian Bancorp (EBSB) Lags Q2 Earnings and Revenue Estimates

Meridian Bancorp (EBSB Free Report) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -21.95%. A quarter ago, it was expected that this holding company for East Boston Savings Bank would post earnings of $0.42 per share when it actually produced earnings of $0.48, delivering a surprise of 14.29%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Meridian Bancorp, which belongs to the Zacks Financial – Savings and Loan industry, posted revenues of $50.82 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 2.46%. This compares to year-ago revenues of $56.03 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Meridian Bancorp shares have added about 29.2% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for Meridian Bancorp?

While Meridian Bancorp has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Meridian Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.39 on $52.38 million in revenues for the coming quarter and $1.50 on $209.51 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial – Savings and Loan is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

BOOM – DMC Global (BOOM) Lags Q2 Earnings and Revenue Estimates

DMC Global (BOOM Free Report) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to loss of $0.29 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this diversified holding company would post earnings of $0.02 per share when it actually produced earnings of $0.04, delivering a surprise of 100%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

DMC Global, which belongs to the Zacks Industrial Services industry, posted revenues of $65.44 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 7.44%. This compares to year-ago revenues of $43.2 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

DMC Global shares have added about 16.7% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for DMC Global?

While DMC Global has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for DMC Global was unfavorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.28 on $75.25 million in revenues for the coming quarter and $0.73 on $278.33 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Industrial Services is currently in the top 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

WSFS – WSFS Financial (WSFS) Q2 Earnings and Revenues Beat Estimates

WSFS Financial (WSFS Free Report) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 138.10%. A quarter ago, it was expected that this bank holding company would post earnings of $0.88 per share when it actually produced earnings of $1.39, delivering a surprise of 57.95%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

WSFS, which belongs to the Zacks Financial – Savings and Loan industry, posted revenues of $155.77 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 0.70%. This compares to year-ago revenues of $178.13 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

WSFS shares have lost about 0.6% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for WSFS?

While WSFS has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for WSFS was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.88 on $156.45 million in revenues for the coming quarter and $3.81 on $624.12 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial – Savings and Loan is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

HTH – Hilltop Holdings (HTH) Beats Q2 Earnings Estimates

Hilltop Holdings (HTH Free Report) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 11.01%. A quarter ago, it was expected that this insurance holding compnay would post earnings of $1.09 per share when it actually produced earnings of $1.46, delivering a surprise of 33.94%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Hilltop Holdings, which belongs to the Zacks Banks – Southeast industry, posted revenues of $447.82 million for the quarter ended June 2021, missing the Zacks Consensus Estimate by 11.04%. This compares to year-ago revenues of $572.68 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Hilltop Holdings shares have added about 21.9% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for Hilltop Holdings?

While Hilltop Holdings has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Hilltop Holdings was favorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.76 on $441.45 million in revenues for the coming quarter and $3.71 on $1.87 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Southeast is currently in the top 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

VICR – Vicor (VICR) Surpasses Q2 Earnings and Revenue Estimates

Vicor (VICR Free Report) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 30.30%. A quarter ago, it was expected that this modular power components company would post earnings of $0.26 per share when it actually produced earnings of $0.34, delivering a surprise of 30.77%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Vicor, which belongs to the Zacks Electronics – Miscellaneous Components industry, posted revenues of $95.38 million for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $70.76 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Vicor shares have added about 19.1% since the beginning of the year versus the S&P 500’s gain of 16%.

What’s Next for Vicor?

While Vicor has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Vicor was mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.39 on $99.76 million in revenues for the coming quarter and $1.49 on $389.37 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics – Miscellaneous Components is currently in the bottom 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

INFL – ETF of the Week: Horizon Kinetics Inflation Beneficiaries ETF (INFL)

ETF Trends CEO Tom Lydon discussed the Horizon Kinetics Inflation Beneficiaries ETF (INFL) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.

INFL is an actively managed ETF that seeks long-term growth of capital in real (inflation-adjusted) terms. It seeks to achieve its investment objective by investing primarily in domestic and foreign equity securities of companies that are expected to benefit, either directly or indirectly, from rising prices of real assets (i.e., assets whose value is mainly derived from physical properties such as commodities) such as those whose revenues are expected to increase with inflation without corresponding increases in expenses.

Worried about inflation? This ETF is for you. INFL is an ETF strategy to address rising inflation concerns. INFL will own stocks and invest in the equity of companies that are currently profitable and well managed. It avoids the typical industry focus on traditional investment categories and attempts to find unique, undiscovered, long-term value and price appreciation drivers.

With that in mind, these companies do not need inflation to be successful. These asset-light businesses have the ability to profitably endure low inflation for extended periods of time, compounding asset value and economic returns. One asset-light example today is Inter-continental Exchange  [ICE]. Founded 20 years ago as a digital exchange, trading  Brent crude-oil futures, and now a global powerhouse in the financial exchange, clearing, and data industry.

However, they are expected to benefit from inflation. The portfolio is designed to provide a full cycle inflation exposure and seeks to thrive under many different inflation scenarios. INFL emphasizes companies that have exposure to inflationary underlying assets yet do not have high capital intensity. This is a key feature differentiating INFL from other products intended to hedge against inflation.

Federal Reserve Chairman Jerome Powell, testifying before the Senate Banking Committee, said inflation would likely remain elevated in the coming months before moderating. Treasury Secretary Janet Yellen told CNBC that she expects the U.S. economy will see “several more months of rapid inflation.”

Listen to the full podcast episode on the INFL:

For more podcast episodes featuring Tom Lydon, visit our podcasts category.