Audio Commentary by Tim Seymour

The stock market has been supported by a healthier-than-expected economy this year, generating returns that have helped many portfolios to partially recover from last year’s bear market. Investors now hope these growth trends will translate into stronger corporate earnings since, in the long run, markets tend to follow the same trajectory as profits. With the future of the economy still uncertain, what signs are there that companies might begin to see improved profitability? The third quarter earnings season is nearly wrapped up with almost all S&P 500 companies reporting their results. This is likely to be the first quarter of positive growth in a year, a notable inflection point that mirrors the surprising stability of the underlying economy. Consensus Wall Street estimates are for earnings to be flat this year at about $217 per share but to then rebound in 2024 by 11%. While this is somewhat at odds with economic forecasts for slowing growth in the coming quarters, it’s safe to say that any acceleration in earnings would be welcomed by investors.

Chicago, December 27, 2023—Amplify ETFs announces December income distributions for its ETFs.

Chicago, December 27, 2023—Amplify ETFs announces December income distributions for its ETFs.

Audio Commentary by Tim Seymour

Not surprisingly, Spot Bitcoin ETFs were recently approved in January and we expect bitcoin price to go higher with tremendous fanfare and volatility. While Spot ETFs will increase liquidity and open the door to institutional ownership, it may actually increase volatility and draw more trading on both the long and short sides.

Audio Commentary by Tim Seymour

Audio Commentary by Tim Seymour

Well-known ETFs complement Amplify’s existing lineup of income, core, and thematic ETFs

Well-known ETFs complement Amplify’s existing lineup of income, core, and thematic ETFs