Markets

Value and growth stocks can climb together in 2021 as investors split focus between vaccine rollouts and virus scarring, top Wall Street strategist says

Investor positioning can lift both growth and value stocks in 2021, Seema Shah, chief strategist at Principal Global Investors, said Wednesday. Distribution of a coronavirus vaccine “would be a total game-changer” in continuing the November value rotation, she said. Yet investors “will continue to gravitate toward the mega-caps” as their […]
Value and growth stocks can climb together in 2021 as investors split focus between vaccine rollouts and virus scarring, top Wall Street strategist says
Markets

A top market expert says stocks won’t suffer any ‘significant’ drops from here as ‘strong secular growth story’ carries on

Seema Shah of Principal Global Investors said she doesn’t expect any “significant” drops in the market from here as a secular growth story with technology companies develops. The chief strategist told Bloomberg that the market won’t come “tumbling down from here” because a “fundamental core” of the reliance on technology […]
A top market expert says stocks won’t suffer any ‘significant’ drops from here as ‘strong secular growth story’ carries on
Markets

Investors should avoid ‘dangerous strategy’ of positioning for US election outcome, top strategist says

Shifting portfolio allocations based on a US presidential election prediction can leave investors missing out from gains come November, strategists at Principal Global Investors said in a note to clients. The S&P 500’s median price return since 1928 under Republican-controlled governments was 10.4%, while under Democrat-led governments it’s 11.9%. Investors […]
Investors should avoid ‘dangerous strategy’ of positioning for US election outcome, top strategist says