For stock pickers, it’s the dream that will never die: An aging bull market prone to violent dislocations will revive their fortunes as they buy over-looked winners and snub losers.
Hedge funds gained 2.9 percent in January, the first positive return since July, as the rally in stocks offered managers some relief.
Quick — what’s the first word you associate with Vanguard Group Inc., the $5.1 trillion investing giant? John Hollyer, global head of fixed income at Vanguard, would much prefer you use the term “low cost.”
Markets should “pay close attention” as President Trump may sound more upbeat about the economy during tonight’s State of the Union address, but “many of his core supporters don’t feel it,” Horizon Investments’ chief global strategist Greg Valliere wrote in a note.
January may have seen the strongest start to a year for U.S. stocks in more than three decades, but many retail investors watched the rally from the sidelines.
Two years ago, a new presidency began, stylistically different from the one before it. As inauguration approached, I wondered: How would President Donald Trump affect the market performance of the industries and companies he championed and those he attacked?
A tiny Vancouver-based cannabis company whose former ticker was YOLO, short for “you only live once,” was declared the winner of the POT stock-symbol lottery in Canada.
But the problem with these contests isn’t transparency or lack thereof, but rather that the entire exercise is futile because the outcomes are entirely random.
U.S. stocks climbed, extending the biggest monthly rally in more than three years, as better-than-expected corporate earnings and the Federal Reserve’s dovish turn lifted investor sentiment.