Silver and gold are again grabbing investor attention following bouts of softer U.S. data, which boosted prospects of an interest rate cut by the Fed in September. However, silver has an edge over gold due to various reasons.
A majority of the stocks in the S&P 500 haven't seen earnings grow in over a year. That's about to change.
Investments in actively-managed ETFs are on the rise. VettaFi investment strategist Cinthia Murphy joins Wealth! to discuss why active ETFs may be the key to a successful second half of 2024, despite uncertainty around the economy. Murphy explains why active ETFs have become so popular: "It's been a big year for active ETF demand because it's a time when people are trying to be more hands on about positioning themselves in this amount of uncertainty, going forward. If you look the demand for your classic index based portfolios, whether it's in equity or fixed income, that remains strong and really robust, but active is a little bit of a new phenomenon in the ETF space. It's been around forever, but it never really took hold until recently when more product, better product, lower fee products really started to emerge. " For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
Investors should consider leaning into the AI build-out and adoption phase amid a transformation that is on par with the Industrial Revolution, BlackRock strategists said.
-- Gold prices rose slightly in Asian trade on Wednesday as comments from Federal Reserve Chair Jerome Powell sparked increased speculation over when the central bank will begin cutting interest rates.
The energy sector (XLE) opened under pressure in Tuesday's trading session. Jared Blikre breaks down the slip in crude oil futures (CL=F, BZ=F) after tropical storm Beryl made landfall in Texas. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl.
Of the 16 Zacks sectors, nine are expected to post earnings growth in the second quarter, with the strongest gains in the Technology sector (15.8%).
According to a Moody's report, office sector vacancy rates have set a new record at over 20% in the second quarter. The author behind the report and Moody's head of CRE economics, Tom LaSalvia, joins Market Domination to give insight into the report and detail what's behind these record numbers. LaSalvia elaborates on the shift of office space use: "The way we're thinking about this as obsolescence, that there is a good 10 to 20% of office buildings out there that really just will not be able to compete in this new era, this era of remote work, this era of new offices, this era of new, let's say, centers of power in terms of where office-centric locations are, right? You're getting migration into the Sunbelt. You're seeing even within metropolitan areas like New York, certain submarkets doing much better than others. And so what you're left with is 10 to 20% of obsolete offices that are going to have to find some new life in this new era." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Rate cut bets ramped up again following the slew of latest data, which signal a slowdown in the world's largest economy. Traders now see a 78% chance of a September rate by the U.S. central bank, according to CME's FedWatch tool.
This ETF is crushing the return of the S&P 500 index thanks to its holdings in the world's largest semiconductor stocks.