S&P 500 Rejects Strategy Despite Meeting Eligibility Criteria, JPMorgan Reports
TLDR
- Strategy (formerly MicroStrategy) was rejected from S&P 500 despite meeting technical criteria
- JPMorgan analysts warn this signals caution toward companies functioning as bitcoin funds
- Index committee’s decision affects not just Strategy but similar crypto treasury firms
- Other index providers might reconsider including crypto treasury companies
- Market shows signs of “fatigue” with share prices dropping and funding activity slowing
The S&P 500 index committee’s recent decision to reject Strategy (formerly MicroStrategy) from inclusion in the prestigious index has sent ripples through the cryptocurrency industry.
» Read more about: S&P 500 Rejects Strategy Despite Meeting Eligibility Criteria, JPMorgan Reports »
Read MoreThe First Interest Rate Cut of 2025 Could Happen Next Week. Here's What It Means for the Stock Market.
The Federal Reserve is almost certain to slash interest rates at its September meeting, according to Wall Street.
By law, the U.S. Federal Reserve is tasked with supporting a healthy jobs market, and keeping inflation under control. The central bank adjusts the federal funds rate (overnight interest rate) to influence economic activity when the unemployment rate or the Consumer Price Index (CPI) measure of inflation deviates too far from its target levels.
China’s anti-involution shift: Indian themes that can offer multi-year opportunities
China’s so-called anti-involution campaign has driven a structural reset in the local economy, and for India, this opens up opportunities across commodities, renewables, chemicals and EVs.
Analysts believe China reining in excess supply could be a turning point for domestic companies that have long-struggled with cheaper Chinese imports and volatile pricing cycles.
Poll: Who owns cryptocurrency? More young people, more men and more Republicans
Cryptocurrency is a young man’s game — at least according to new results from the NBC News Decision Desk Poll powered by SurveyMonkey.
Young men are far more likely to say they’ve owned or used cryptocurrency, and they’re far more likely than other crypto owners to view their investment as a fast way to make money,
» Read more about: Poll: Who owns cryptocurrency? More young people, more men and more Republicans »
Read MoreFederal Reserve expected to cut interest rates, but will it make a difference for the average American?
The Federal Reserve is meeting this week to discuss whether to lower the federal fund rate for the first time since December of 2024.
The Federal Reserve is meeting this week to discuss whether to lower the federal fund rate for the first time since December of 2024.
The decision will be announced Wednesday at 1 p.m.
The Burst
How I Would Invest $25k If Starting Over
The big killer to any portfolio is too much exposure to a single stock that plummets. It’s the type of thing that looks oh-so-obvious in hindsight because it’s clear after the fact that you bought into a story, not fundamentals.
There have been lots of “stories” in recent years:
- Credit cards will be disrupted by the buy-now-pay-later model
- FICO is being disrupted by new,
» Read more about: How I Would Invest $25k If Starting Over »
Read MoreThe Ivy
Bizarre Trend To Appear In Next 8 Weeks
Some things are just hard to explain away, like why a stock will dramatically outperform at certain times of the year. But that’s exactly the case for Performance Food Group, a company very few investors have even heard of let alone invested in.
Performance Food Group is a standout candidate over the next couple of months for investors who are willing to bet on the increasingly embraced idea of seasonality.
» Read more about: Bizarre Trend To Appear In Next 8 Weeks »
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