Investors need to remember that market see-saws always have two ends

Most importantly, the number of stocks sitting on the rising side of the see-saw has dramatically shrunk. The Magnificent 7 are up 95 per cent this year to Aug. 31 and just those seven companies have contributed a whopping 71 per cent of the S&P 500’s rise in 2023 so far.

However, markets broaden when the profit cycles accelerate because lower-quality and more cyclical companies have greater operating and financial leverage. Using the hackneyed analogy, a rising tide lifts all boats. U.S. small caps, Europe, Japan, China and U.S. themes focusing on real productive assets and the rebuilding of America’s manufacturing capacity all seem particularly attractive.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Magnificent Seven' investing playbook: Is Apple a growth company anymore?Apple's market reach is quite impressive. But can it sustain its growth?
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares mostly higher as investors await US inflation, China economic dataStock prices were mostly higher in Asia on Monday as investors awaited U.S. inflation figures and China’s latest economic data. Benchmarks fell in Hong Kong and Tokyo but rose in Shanghai, Sydney and Seoul. A surge in oil prices has added to worries that inflation may not be waning as hoped in the U.S and other major economies. That could lead the Federal Reserve and other central banks to keep interest rates higher for longer, which would hurt prices for shares and other investments. Over the w
Source: YahooFinanceCA - 🏆 47. / 63 Read more »