A Potential Headwind for Big Tech is Looming
August 4th, 2023
A Potential Headwind for Big Tech That No One is Talking About The U.S. Technology sector has delivered blistering returns so far in 2023. Through the end of June, the sector was up +39%, more than double the S&P 500’s 16.2% year-to-date return. Investors should recall, however, that these positive returns follow a dismal 2022,Read Entire Article…
The Current Tech Rally is Driven by AI…and the Fed.
July 11th, 2023
What’s Driving the Current Tech Rally? Artificial Intelligence and the Fed Stocks posted a strong rally in the first half of 2023, but many market-watchers are quick to point out that there’s really one category responsible for a lion’s share of the gains: mega-cap tech stocks. The chart below demonstrates tech’s leadership. The tech-heavy NasdaqRead Entire Article…
How to Avoid Getting Burned by Chasing Heat in the Market
June 15th, 2023
A Stock Market Ripe for Chasing Heat Many investors have likely seen statistics highlighting a lack of breadth in equity markets in 2023. This storyline isn’t new. Many readers may remember past years when the ‘FAANG’ and other key technology stocks were the primary drivers of returns. This year, the tech giants are back, withRead Entire Article…
June 12th, 2023 Are Bonds No Longer a Good Volatility Hedge? Most readers are aware of the ongoing volatility in the stock market. Generally speaking, selling pressure in the stock market should mean that bonds – and in particular U.S. Treasuries – are holding their own and maybe even zigging where stocks are zagging. But that has not
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Can Policymakers Handle Four Economic Issues at Once?
May 26th, 2023
Can U.S. Policymakers Navigate Four Issues at Once? At the beginning of the year, U.S. policymakers were dealing with a tangible dilemma. They needed to wage the fight against inflation without damaging economic growth too much. In the few months since, the dilemma turned into a “trilemma,” as the U.S. experienced two of the biggestRead Entire Article…
Is it Time to Get Bullish on U.S. Semiconductor Manufacturing?
April 28th, 2023
Time to Get Bullish on U.S. Semiconductor Companies? In August of 2022, a $53 billion piece of legislation called the CHIPS Act was signed into law. The hope: to catalyze semiconductor production in the U.S. and to “onshore” innovation and advancement of this critical technology. The question is, will it work? Any time the federalRead Entire Article…
3 Reasons the Tech Sector Could Rebound in 2023
April 6th, 2023
Is the Technology Sector Poised for a Rebound in 2023? Technology stocks had a rough 2022. Within the S&P 500, the technology sector declined by almost -30% last year, as compared to a roughly -19% decline for the broad index. One of the key culprits driving technology’s large relative decline in 2022: rising interest rates.Read Entire Article…
Central Banks Consider Digital Currencies—What Does That Mean for Investors?
March 3rd, 2023
Central Banks are Weighing Digital Currencies – What That Means for Investors A vast majority (~80%) of global central banks are conducting studies on digital currencies, with some already taking steps to launch them. Several questions likely come to mind for consumers and investors when considering the prospect of a digital currency. Does this meanRead Entire Article…