The Good Brigade | Digitalvision | Getty Images Health care, long an ailing stock market sector, has recovered over the past six months, with currently robust vital signs and strong growth projections. The recovery comes after the sector failed to make good on positive expectations for 2022 based on estimates of pent-up demand for physician … Read more
The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on hold until next year. “I’m in the camp that the Fed does not change policy in the summer of an election year,” the … Read more
Investor sentiment toward intermediate-term Treasury bonds may be changing. Schwab Asset Management’s David Botset is seeing more flows into bonds with maturity rates typically between three and five years â and sometimes out to 10 years. “People are starting to realize that we’re kind of at the peak of interest rate increases,” the firm’s head … Read more
A Polestar Roadster concept electric vehicle during the Singapore Motorshow in Singapore, on Thursday, Jan. 11, 2024. The show runs through Jan. 14. Photographer: Lionel Ng/Bloomberg via Getty Images Lionel Ng | Bloomberg | Getty Images Shares of Volvo Cars dipped on Friday, after the company said it would dilute its stake in electric vehicle … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024. Michael M. Santiago | Getty Images Shares in Swiss software company Temenos were down over 6% on Friday afternoon, extending Thursday’s losses when they closed over 28% lower. Temenos on Thursday released a statement saying its board … Read more
Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images Even as China’s economy is facing difficulties, treating it as un-investable like some analysts have suggested would not be the right call, John Bilton, head of global multi-asset strategy at JPMorgan Asset Management, told CNBC’s “Squawk … Read more
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s the first time that’s happened since 2021 for us,” the firm’s senior … Read more
Long-term yields might be the best bond investment this year, according to one exchange-traded fund expert. “The iShares 20-year Treasury ETF (TLT) will get the biggest bang for its buck [and] some of the intermediate-term products like the Vanguard Intermediate-Term Corp Bond (VCIT) will get some bang for the buck,” VettaFi’s Todd Rosenbluth told CNBC’s … Read more
BNY Mellon’s global head of ETFs suggested exchange-traded funds using options overlays could become next year’s hot product. “We are absolutely going to see more of these options-based products come to market,” Ben Slavin told CNBC’s “ETF Edge” on Monday. “We see it in our own book.” Options overlays are a way for investors to … Read more
The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023. The Fed’s leaders expect their interest rate decisions to eventually slow that growth. The increase in borrowing costs that stems from Fed decisions does not affect all consumers immediately. It typically affects people who … Read more
