Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s the first time that’s happened since 2021 for us,” the firm’s senior … Read more
Big Tech’s market dominance may push more investors to equal-weight exchange-traded funds, according to VettaFi’s Todd Rosenbluth. “Investors are getting nervous that too much money is concentrated in a handful of stocks within the broader ETFs that they have available that [are] tied to the S&P 500 or even the Nasdaq 100,” the firm’s head … Read more
Small cap stocks may be on the cusp of a turnaround. According to Fairlead Strategies market technician Katie Stockton, the Russell 2000‘s underperformance so far this year is likely a near-term setback. “We’re kind of convinced that we’ll see small caps do better. Maybe they don’t outperform strongly. But a better year for them after … Read more
Ascentxmedia | E+ | Getty Images High inflation has prompted even well-to-do Americans to rethink their spending habits. But one group — affluent millennials — are more likely to lie or exaggerate their finances to appear financially successful, according to a recent survey from Wells Fargo. That goes for 34% of affluent millennials versus just … Read more
Brand X Pictures | Stockbyte | Getty Images When faced with an unexpected $1,000 expense, more than one-third of Americans would borrow the money, according to a new Bankrate survey. That may include tapping their credit cards, seeking money from friends or family or taking out a personal loan. Most would not turn to cash … Read more
GlobalStock | Getty Images When you invest toward retirement, experts often like to say you are letting your money work for you. But how much can you realistically expect to earn on your money? The annual rate of return — defined as the percentage change in an investment’s value — is an estimate of the … Read more
It’s not hard to see why people find the concept of FIRE — short for financial independence, retire early — alluring. Adherents to the movement aim to stash away as large a portion of their income as possible in investment accounts. The more aggressively they save, the sooner they can reach their so-called FIRE number, … Read more
Recep-bg | E+ | Getty Images The U.S. Securities and Exchange Commission on Wednesday approved the first U.S. spot bitcoin exchange-traded funds. But experts urge caution before piling into the long-awaited ETFs. The agency signed off on 11 bitcoin ETF applications, including funds from BlackRock, Fidelity, Ark Invest, WisdomTree and Grayscale. The new investment provides … Read more
Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the artist’s first known nude, at the Christie’s auction house in Paris on May 18, 2022. Emmanuel Dunand | Afp | Getty Images Wealthy, young collectors in Asia have been fueling demand for art — particularly … Read more
Tanya Constantine | Getty Images Once you start Social Security retirement benefits, you are generally guaranteed to receive monthly checks for life. But that will stop once you die — with some exceptions for your loved ones. A one-time lump-sum death payment of $255 may be available, provided your survivors meet certain requirements. For example, … Read more
