Brace for Jerome Powell's Jackson Hole speech to drive big swings in this corner of the stock market, BofA says
A sell-off in high-flying growth stocks this week hints at nervousness ahead of Jerome Powell’s remarks at Jackson Hole, but there’s another area of the stock market where investors should be prepared to see outsize swings after the Fed chief speaks on Friday.
Analysts at Bank of America wrote this week that small-caps are likely to see big moves in either direction on the back of Powell’s comments on the path of monetary policy during the Fed’s annual policy symposium.
Read MoreStock market today: Dow, S&P 500, Nasdaq futures waver as investors count down to Powell's speech
Is the 60/40 portfolio dead? BlackRock CEO Larry Fink thinks so — here’s what that means for you and your investments
5 sectors that have been soaring lately as the stock market has struggled
It’s been slow-going for the S&P 500 as summer winds down.
After a record-breaking rally that followed the sell-off in April, gains in the benchmark index have stalled. The S&P 500 ended Wednesday at 6,395 — just 3% higher than its closing price on June 30.
But there are a handful of areas that have rocketed higher and beaten the index so far in the quarter,
» Read more about: 5 sectors that have been soaring lately as the stock market has struggled »
Read MoreImmediate impact of US tariff seen limited, but lag effect needs action: FinMin
New Delhi: The finance ministry has cautioned that while the immediate impact of the latest US tariffs on Indian exports appears limited, the lagged effect needs to be addressed as it could weigh on trade and growth, according to its July monthly economic review released Wednesday.
The review said the government’s strategy of reforms—ranging from simplification of the goods and services tax (GST) to measures that cut business costs—along with a sovereign ratings upgrade and an above-normal monsoon,
» Read more about: Immediate impact of US tariff seen limited, but lag effect needs action: FinMin »
Read MoreThe Burst
1 Monster Stock In Global Chip Shortage
A global semiconductor shortage has made it difficult for several companies, including those in vehicle and smartphone manufacturing, to keep up with demand. Practically any industry that relies on microchips has faced disruptions over the last few years.
While the global chip shortage hurts many companies, it creates enormous opportunity for chip manufacturers.
» Read more about: 1 Monster Stock In Global Chip Shortage »
Read MoreThe Ivy
Market Commentary: 1 Dividend Stock To Hold Forever
Farming stocks. It’s not the first place most investors think of when scouting for opportunities but in the agricultural world we discovered a stock that has all the hallmarks of being a great hold for the long term, Tractor Supply Company.
Unlike the high-flying financial technology stocks that grabbed headlines after posting record-breaking revenue growth rates during the 2020-21 era only to plummet back to earth in 2022-23,
» Read more about: Market Commentary: 1 Dividend Stock To Hold Forever »
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