Some investors who had previously expressed devotion to the largest digital currency propelled it higher last month.
ETFs had a big July, with some leading strategies lifting their YTD inflow totals behind strong July numbers.
Like you, we have read countless comparisons between today’s enthusiasm for all things AI and the top of the TMT bubble in 2000, with the implication being that stocks are on thin ice.
The central bank’s latest policy statement and Chair Jerome Powell’s remarks suggest that an initial interest rate cut could come as soon as September.
The Federal Reserve noted that inflation is moving closer to its 2% target after electing to hold rates steady at its July FOMC meeting.
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates in major markets.
Coming into this earnings season, one of the most intriguing questions was how well the consumer-facing companies would be able to maintain their pricing power. The new algorithm for success is a bit more complicated than “raise prices by x.”
In this article, Russ Koesterich discusses factors behind gold’s impressive performance year to date.
The Federal Reserve kept its policy rate unchanged at the July meeting, but left the door open to rate cuts later this year.
With tech stocks making up a substantial portion of broad market indexes, investors may wonder what will happen when the tech rally ends.
Today’s passive index investing requires active choices, as customization and innovations in index funds have resulted in new considerations for investors and the potential for greater control.
In mid-July, VettaFi's webcast asked what advisors were concerned about. “Market valuation” topped the list of choices with 56%.
Demand growth is cooling, but evidence suggests that overall fundamentals are still sound.
Reasonable Treasury debt ratios and more than enough buyers put Treasuries in a much better light than is commonly heard.
Could this be the last Fed meeting before rate cuts begin? With inflation moderating and job growth weakening, the Fed prepared markets for a more eventful meeting in September while not committing to anything just yet.
Jeff and Ron discuss the state of the economy, inflation, the bond and stock markets, and they outline, in broad terms, their current investments.
Investors will want to see valuations justified by robust fundamentals during big tech earnings reports this week.
Options strategies remain a popular choice with advisors and investors for the benefits they bring to portfolios.
Value — defined by stocks with a low book-to-market ratio — handily beat growth by a minimum of 4% on average annually over the period 1927-2014, although surprisingly with a higher standard deviation. In today’s world, think Verizon versus the Magnificent Seven decades forward.
We are approaching a turning point in policy decisions as the FOMC attempts to walk the fine line of hitting their inflation targets while maintaining a healthy labor market.
The economic data is coming in very good for markets. Starting with GDP, we observed a modest growth rate of around 2% in the first half of the year. While not spectacular, it’s far from recessionary conditions. This level of growth, with slight inventory accumulation, suggests a stable economic backdrop.
I chaired an international economics conference in Canada earlier this month. Delegates from all over the world attended to discuss the issues of the day. Following is an abridged version of the meeting summary that I offered during the closing session.
Overly optimistic investor expectations of market returns may be a problem.
Potential for another trade war fueled by a rise in global protectionist policies has investors revisiting the potential impact on stocks, inflation, and economic growth.
The US Department of Labor (DOL) offers eight tips for advisors to use to review target-date funds. Our Mike Dullaghan illustrates how to use the DOL tips in preparation for plan review season.
The rise of LLMs and public availability of generative AI tools has driven a wave of excitement over AI’s potential to transform society, economies, and workflows.
Our outlook on the 11 S&P 500 equity sectors.
As gold prices continue to rise, investors may want to consider gold miners, which are offering incredible value.
Macro drivers mixed with market narratives last week to sustain the volatility cocktail being served in July
The Federal Reserve (Fed) doesn’t like to spook markets, that is the reason why it has crafted its communication on monetary policy to give indications way in advance and nothing has been pointing to a change of heart that could lead to a surprise move next week.
Improving inflation and growth scenarios should enhance the equities and bond dynamic for multi-asset investors.
Listen to enough politicians and it won’t take long to hear about the lack of “affordable” healthcare, drugs, daycare, and housing. This was going on long before inflation returned after COVID. Everyone wants affordable things.
The price of ether fell in the wake of the launch of the spot ether ETFs on Tuesday, July 23. Ether (ETH) declined 7.82% in its first three days of spot ether ETF trading.
President Joe Biden’s withdrawal and endorsement of Vice President Kamala Harris has sent shockwaves through the political establishment, and while former President Donald Trump remains the frontrunner, the wind has certainly shifted in Harris’s favor.
Yes, the market could continue to rotate massively from large-cap to small and mid-capitalization companies. However, given the current levels of bullish sentiment and allocations against a backdrop of weakening economic data and widening spreads, this suggests the current rotation may be nothing more than a significant short-covering rally.
Progress toward a goal usually isn’t linear. The first 50% isn’t too bad, the next 40% is harder, and the last 10% consumes most of the effort and resources. Business strategists call this the “last mile” problem… and it applies to inflation, too.
Economic indicators are released every week to provide insight into the overall health and performance of an economy.
The Momentum factor picked up where it left off at the end of the first quarter, turning in another standout performance in the April-through-June timeframe and ending the second quarter as the factor most relevant to positive performance.
As we approach the end of the fiscal year, investors should be focusing on the Treasury General Account as one factor of many that may impact global liquidity, and in turn, market performance in the coming two quarters.
With growth moderating and inflation cooling, the US seems on track for a soft landing—as markets digest a stream of incoming information. Equity performance may be on the verge of broadening beyond a handful of stocks, and still-sizable bond yields bolster return potential.
The small cap rally has primarily been a de-risking event. It's unclear at this point whether it’s just a blip or the beginning of a new trend in market leadership.
The equities market could see small-caps outrunning their large-cap peers as more investors are shifting to small-cap stocks.
In June, Capital Group added seven new actively managed products. Its executives were in New York last week to ring the NYSE closing bell.
While gold prices rise due to heightened geopolitical uncertainty, the US stock market is breaking records, and global demand for the dollar remains robust. This can be attributed to growing confidence in the US economy, which continues to surprise on the upside.
Increasing the tax efficiency of a retiree’s income portfolio with the NEOS ETF suite may offer several benefits.
Despite all the hoopla surrounding technology stocks in the first half of the year, software names struggled.
It's been another strong first half for the U.S. ETF industry, with overall flows set to challenge or surpass historic records.
The second quarter began with inflation concerns causing a negative return in April, but improved inflation led to a more hopeful market in May and June, with AI and semiconductor stocks leading.
The economy and markets have emerged from the pandemic fundamentally changed. For equity investors, we believe this means a different opportunity set than the one that prevailed over the past decade and a half ― and one that favors alpha (excess return) over beta (market return).
I almost exclusively talk about stocks here in Dividend Digest because dividends are at the root of my strategy. But most income investing includes some level of exposure to debt.
