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

JPMorgan says US election odds are narrowing, making a contested result that could hamper stimulus and hurt stocks more likely

Democratic presidential nominee Joe Biden’s shrinking lead in betting markets suggests a contested election is becoming more likely, JPMorgan strategists said Tuesday. A higher chance of a contested or close election outcome would slam the bank’s expectations for fresh stimulus and “likely put some downward pressure on risk markets for […]
JPMorgan says US election odds are narrowing, making a contested result that could hamper stimulus and hurt stocks more likely
Markets

Wall Street’s biggest banks are increasingly expecting a Biden-led blue wave as the election looms. Here’s how they say you should position your portfolio.

As Democratic presidential nominee Joe Biden’s lead in the polls widens, Wall Street is warming to the prospect of a Democratic sweep in November. Goldman Sachs and UBS recently advised clients to prepare for a shift to cyclical and value stocks from growth favourites, as a Biden victory increases the […]
Wall Street’s biggest banks are increasingly expecting a Biden-led blue wave as the election looms. Here’s how they say you should position your portfolio.
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
Markets

Here’s why one expert says scorching-hot tech stocks are far less vulnerable than they were during the dot-com bubble — and why they can keep climbing

Tech stocks’ rally from mid-March lows is fuelling concerns of another market bubble, but history shows the shares are fairly valued, James Paulsen, chief investment strategist at The Leuthold Group, said. Though tech companies now comprise roughly 27% of the S&P 500’s market cap, their sales contribute to a greater […]
Here’s why one expert says scorching-hot tech stocks are far less vulnerable than they were during the dot-com bubble — and why they can keep climbing
Markets

JPMORGAN: The riskiest areas of the market have bottomed out for this recession — and now is the time for traders to start buying again

Most risk assets including stocks and corporate credit are likely at their lows for this recession, JPMorgan strategists said Friday. Criteria including massive fiscal stimulus, recession-level pricing, and a reversal in asset allocation have all been met, the bank said, justifying “adding risk selectively” over the coming weeks. The biggest […]
JPMORGAN: The riskiest areas of the market have bottomed out for this recession — and now is the time for traders to start buying again