As summer and the mid-year mark approach, investors are finding success by sticking with stocks. Clare Hart, Morningstar’s 2024 “Outstanding Portfolio Manager,” shares her strategy as she wraps up a two-decade tenure at JPMorgan’s Equity Income Fund (OIEIX). Under her guidance, the fund has averaged a 9.4% annualized gain since...
With 62% of U.S. adults holding investments in corporate America, reducing consumer demand enough to curb inflation seems increasingly difficult. Last week, U.S. stocks reached new all-time highs, enhancing the financial well-being of millions and complicating the Federal Reserve’s battle against inflation. According to Gallup data released this month, 62%...
The market is highly responsive to economic data that disrupts the ‘Goldilocks scenario,’ says Anthony Saglimbene of Ameriprise Financial. On Friday, major U.S. stock indexes rose, with the tech-heavy Nasdaq Composite hitting a fresh record peak ahead of the Memorial Day weekend. Nvidia Corp.’s quarterly earnings were “the most important...
In Wednesday’s session, Nvidia Corp. could not counteract the negative stock-market sentiment stemming from the minutes of the May policy meeting of the Federal Reserve. Despite Nvidia’s strong performance in the quarter, the stock markets were unable to rebound on Thursday. Although Nvidia’s stocks soared to over $1,000, both the...
Nvidia’s exceptional first-quarter results have placed the chipmaker at the forefront of the AI revolution, with its market value set to rival the combined value of all German listed companies. According to FactSet, as of Wednesday, companies with primary listings in Germany have a total market value of €2.315 trillion...
When stocks are climbing and bonds are lagging, it can be difficult to convince investors of the importance of diversification. With the S&P 500 up nearly 12% year-to-date in mid-May and the Dow Jones Industrial Average reaching 40,000, many investors experience “S&P 500 Envy,” comparing their returns to these impressive...
