Washington: What to Watch Now

Published on July 9, 2026

Congress is in recess from June 30 through July 13 for the annual July 4 break, so it's relatively quiet in the nation's capital. But there is still plenty worth paying attention to.

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Harnessing Consensus & Momentum: Defiance Debuts RANK ETF

July 9, 2026
On June 30, Defiance debuted the new Defiance KSM TipRanks Analyst ETF (RANK). With an expense ratio of 60 basis points, this fund aims to leverage Wall Street’s highest-rated analyst consensus data to capitalize on U.S. market momentum.

Closing the Curtain on Rate Cuts

July 9, 2026
The June jobs report underscored our thesis that while the labor market remains in the 'economic plus column,' some of the prior months' increases in new hiring seemed a bit too high.