FILE PHOTO: Pedestrians walk past the New York Stock Exchange as the building opens for the first time since March while the outbreak of the coronavirus disease continues in the Manhattan borough of New York, U.S., May 26, 2020. REUTERS/Lucas Jackson
Yet better-than-expected readings on U.S. employment and other indicators have money managers thinking about lightening up on the stocks driving the rally in favor of sectors such as financials and energy. A sustained bounce in these economically sensitive areas could be an encouraging signal for the nascent recovery, investors said.
Phil Orlando, chief equity market strategist at Federated Hermes, has been shifting away from technology and healthcare stocks and into financial and energy companies. Technology stocks in the S&P 500 are up nearly 30% since the start of April, while finanical stocks are up 20%. “We’ve always said that what started with the virus will end with the virus,” said Katie Nixon, chief investment officer at Northern Trust Wealth Management.
A fake economy based on printed money doled out to billionaires who use it to buy stocks. No job creation, no sustainable plans for effective product and service innovation, no urban planning, no regeneration of dead cities, no green technology investment. Fictitious market.
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did you miss the part where Powell blinked and said he'd bailout Wall st for the next 2 years because the economy is so screwed they can't raise interest rates and they can't earn money the old fashioned way ? if trading fees equal laundering ?
I hope all of themlose every penny those greedyfucks
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Wall St Week Ahead: Investors bet bounce in value stocks will stickAs the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally. Strange how sentiment can change over night, the fake news induced a brief panic yesterday, and today it's mostly vanished. They'll keep trying to crash the market using every type of hoax imaginable until the election. Strange how sentiment can change over night, the fake news induced a brief panic yesterday, and today it's mostly vanished. They'll keep trying to crash the market using every type of hoax imaginable until the election. $SPY $DIA Well the 1% on the hill are together, the rest of us suffer lives where they take all our money.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »
Stocks fall sharply on Wall Street as investors turn jitteryStocks open sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections. It must be stressful knowing the Fed will do literally anything to make sure you don't lose any money whatsoever. Hey Eric Trump... NO bragging ?
Источник: latimes - 🏆 11. / 82 Прочитайте больше »
Stocks open lower on Wall Street as investors turn jitteryStocks are opening sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections in many U.S. states and countries. The S&P 500 was down... QUICK! BrianKarem Check which trump staffers are dumping stocks- or buying. Attn GovRonDeSantis Increased Testing...
Источник: AP - 🏆 728. / 51 Прочитайте больше »
Stocks open lower on Wall Street as investors turn jitteryStocks are opening sharply lower on Wall Street as investors turn jittery once again in the face of rising numbers of coronavirus infections in many U.S. states and countries And the clowns at ABC cheer. Has no masks caused protest and riots by the “left wing” of the Democrat Party? How is this shocking news to anyone? Virus isn’t going anywhere. Until we get the virus under control (like NZ) the economy won’t recover. Success in managing Covid is inextricably linked to the success of US economic recovery. Powell said that & it’s just plain common sense.
Источник: ABC - 🏆 471. / 51 Прочитайте больше »