In June 2024, Nvidia briefly overtook Microsoft to become the largest company by market capitalization on the S&P 500. While this achievement marks a significant milestone, history shows that holding the top spot often precedes a decline. According to JPMorgan Asset Management, many past leaders, including General Motors, IBM, Altria,...
With Federal Reserve Chair Jerome Powell indicating that “the time has come” for rate cuts, it’s crucial to reassess your financial strategies. The expected rate reductions could create opportunities for borrowers, savers, and spenders, but they also come with potential challenges. Powell’s recent comments have fueled speculation that the Fed...
U.S. stocks and bond investors are gearing up for a pivotal employment report this week as they return from the Labor Day weekend, marking the start of September trading. Scheduled for release on Friday, the U.S. jobs report is expected to have a significant impact on the markets, according to...
Over $3 billion is spent daily, even on weekends, to cover the interest payments on the country’s national debt. Decreases in the Federal Reserve’s interest rates will not only help families and companies struggling to handle higher borrowing costs. The Treasury would also benefit from reduced borrowing costs as the...
Retail investors, often labeled as “dumb money” on Wall Street, heavily invested in Nvidia before the company’s disappointing earnings announcement. Research from JPMorgan and Vanda shows that these individual investors not only bought Nvidia shares but also invested in exchange-traded funds (ETFs) heavily weighted with Nvidia, including leveraged ETFs tied...
Bespoke: S&P 500’s August Rebound Driven by Broad Market Strength Across Multiple Metrics More U.S. stocks are participating in the ongoing stock market rally, with the S&P 500 extending its August rebound, according to Bespoke Investment Group. “Since the sharp decline that bottomed out on August 5, the market’s recovery...
