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☆ Hartford Total Return Bond ETF yields nearly 5% and prides itself on finding value across the market
▼ + stars: | 2024-05-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

HTRB saw a total return last year of 7.15%, and ranked in the 23rd percentile among its peers, according to Morningstar. The portfolio has 51% of its assets in mortgage-backed securities and 25% in investment-grade credit, according to the fund's website. Compared to many of its peers in the intermediate core plus bond Morningstar category, Hartford Total Return Bond ETF leans a bit more on securitized markets instead of investment-grade corporate debt, according to Morningstar. Finding opportunities Right now, one of the areas Goodman sees value in is agency mortgage-backed securities. Goodman also likes structured finance right now, like collateralized loan obligations, commercial mortgage-backed securities and nonagency residential mortgage-backed securities.

Persons: Campe Goodman, Morningstar, Goodman, HTRB, Morningstar . Goodman, Mike Mulach, Bonds, Fitch Organizations: Hartford, SEC, Wellington, Bloomberg U.S, Morningstar, BB, Poor's, Federal Reserve Locations: Wellington, Eastern Europe

The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed on Tuesday. After the 1980 collision, he argued, more substantial dolphins or a fendering system should have been added to the Key Bridge. “You knock out one of the support posts, the entire bridge collapses.”The Key Bridge is hardly unique among large bridges in its age. Some other bridges that cross major shipping routes are designed with more extensive protections than the Key Bridge’s. In the wake of the Key Bridge collapse and with the rise of larger container ships, some experts said that engineers should reassess necessary bridge safety features.

Persons: Baltimore’s Francis Scott Key, It’s, Dali, Francis Scott Key, Jim Watson, ”, Rick Geddes, Wes Moore, That’s, Jean, Paul Rodrigue, Martin Bernetti, “, Mark Wilson, Hussam Mahmoud, Rod Sullivan, Arthur Ravenel Jr, Savannah’s Talmadge, Los Angeles ’ Vincent Thomas Bridge, ” Geddes, Barzin Mobasher, Mobasher, ” CNN’s Daniel Medina, Majlie, Puy, Yahya Abou, Ghazala Organizations: CNN, Getty, Cornell University’s Program, National Research, Evening Sun, Coast Guard, Sun, Maryland Gov, Texas, M University, Galveston, National Research Council, Maryland Transportation Authority, Francis Scott Key Bridge, Colorado State University, Sunshine Skyway, Tampa Tribune, New, Bridge, Arizona State University Locations: Bridges, Baltimore, AFP, Nagoya, Dali, Panama, United States, Panama City, Baltimore , Maryland, Tampa, Florida, Charleston , South Carolina, Los Angeles

☆ 4 red flags that your partner won't make a good parent — at least, not yet
▼ + stars: | 2024-03-16 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +5 min

Having kids with an emotionally immature partner can have lifelong consequences. A psychologist shared some of the biggest red flags that a person isn't ready to be a parent. AdvertisementLong-term relationships are often defined by huge milestones: moving in together, getting married, and having kids. Speaking as both a therapist and parent herself, Wright said that having kids ramps up any issues "times one million." She shared four major red flags that a partner just isn't ready to be a parent — at least, not anytime soon.

Persons: —, Annie Wright, Wright, aren't, stomps, nitpicks, it'll Organizations: Service Locations: Berkeley , California, —

☆ Cramer explains the economy by looking at the cost of potato chips and microchips
▼ + stars: | 2024-03-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday opined on the economy, remarking on the country's sizeable wealth gap using a "chip" analogy. He said wealthy investors and businesses are devouring microchip companies while the cash-strapped consumer balks at the inflated cost of food items like potato chips. He noted that Nvidia shares shot up so much that its investors would not know the price difference between name-brand and generic potato chips. Unlike potato chips, costly microchips deliver businesses such large returns on their investments that they're addictive, he added, saying they're essential to new generative artificial intelligence products. "Maybe one day the productivity gains we get from these microchips will make potato chips more affordable," Cramer said.

Persons: CNBC's Jim Cramer, twain, I've, Cramer, Mark Zuckerberg, Zuckerberg, Meta Organizations: Nvidia, Big Tech

☆ Super Tuesday may underline Trump’s transformation of the GOP
▼ + stars: | 2024-03-05 | by ( Ron Brownstein | Analysis Ronald Brownstein | ) edition.cnn.com time to read: +17 min

His performance so far reflects his success at transforming the Republican Party in his image. The most important message from the primaries is the most straightforward: Trump’s coalition is the dominant faction in the GOP. Like McConnell’s announcement, the choices by GOP elected officials in the primary contest signal their acknowledgement of the party’s direction. The share of GOP elected officials who have endorsed Haley isn’t anywhere near as large as her share of the total vote. But a deeper factor also explains the imbalance in support among GOP elected officials.

Persons: Donald Trump, He’s, Ronald Reagan, Nikki Haley, –, Trump, Reagan, Bob Dole, George W, Bush, Mitt Romney, Whit Ayres, Democrat Grover Cleveland, Republican Benjamin Harrison, ” Ayres, Ayres, Grover Cleveland, ” Chris Wilson, Ron DeSantis, “, ”, Gary Langer, he’s, Kyle Kondik, “ It’s, William Mayer, George H.W, George H.W . Bush, Democrat Al Gore, Haley, Dwight Eisenhower, Sen, Robert Taft, Mitch McConnell, Haley isn’t, Chris Sununu, Susan Collins, Lisa Murkowski, Liz Cheney, Wilson, Mike Johnson, McConnell, Kevin McCarthy, Jennifer Horn, Biden, William Galston, Galston, ’, ‘, Kristen Soltis Anderson, isn’t, Eisenhower, “ Trump, ” Galston, ” Trump, Missouri GOP Sen, Eric Schmitt, wouldn’t, he’d Organizations: CNN, Republican, Republican Party, South Carolina Gov, GOP, Washington, Trump, Veteran GOP, White, Democrat, Democratic, Florida Gov, ”, ABC, University of Virginia’s Center, Politics, Northeastern University, Republican internationalists, Republicans, Chicago Council, Global Affairs, Trump’s GOP, New Hampshire Gov, South, Brookings Institution, Biden, Republican National Committee, Missouri GOP Locations: Sunday’s, Iowa , New Hampshire, South Carolina, Michigan, George H.W ., Southern, Iowa, New Hampshire, Oakland, Washtenaw, Kent, Ukraine, Trump’s, Missouri

Thanks to high mortgage rates, mortgage refinance rates, and even higher home prices, the mood among hopeful homebuyers has been fairly bleak. Is there a chance the housing market will crash anytime soon? Though a large number of Americans believe the housing market is at risk of crashing, the economists who study housing market conditions overwhelmingly do not expect a crash in 2024 or beyond. The US is currently between 2.3 million and 6.5 million units short of a healthy housing supply, according to Realtor.com. What a housing market crash would mean for homebuyersAnything is possible, and nobody has a crystal ball to see for certain what will happen in the housing market in the coming months and years.

Persons: —, homebuyers, Fannie Mae's, Lawrence Yun, Yun Organizations: Service, Housing Survey, National Association of Realtors, Housing Locations: Chevron

☆ Oil prices rise as market monitors Gaza cease-fire talks, OPEC production cuts
▼ + stars: | 2024-02-27 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

U.S. President Joe Biden speaks during the annual National Prayer Breakfast at the U.S. Capitol in Washington, D.C., U.S., February 1, 2024. Crude oil futures rose Tuesday amid uncertainty about the prospects for a cease-fire in the Israel-Hamas war and as some investors expect OPEC+ will extend its production cuts beyond the first quarter. President Joe Biden told reporters in New York City on Monday that he hoped a cease-fire would be reached in the Israel-Hamas war by March 4. OPEC+ will soon make a decision on whether to extend its production cuts beyond the first quarter. Raj said the lack of clarity in the Israel-Hamas war and the ongoing turmoil with Houthi militants in Yemen gives traders little reason to sell oil right now.

Persons: Joe Biden, Biden, there's, Ahmed Abdel Hadi, Al Mayadeen, Goldman Sachs, Manish Raj, Raj, Israel, Charles van der Organizations: U.S, Capitol, Washington , D.C, West Texas Intermediate, Brent, OPEC, Velandera Energy Partners, CNBC, Reuters, Maersk North Locations: Washington ,, Israel, New York City, Lebanon, U.S, Gaza, OPEC, Saudi Arabia, Yemen, Maersk

☆ Trump loses battle with E. Jean Carroll judge as testimony gets cut short
▼ + stars: | 2024-01-25 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +7 min

Sections of the deposition, where Trump denied raping Carroll and said she was "not my type," were played for the jury earlier on Thursday. Three times — twice before his testimony, and once afterward — Trump griped loudly about getting a raw deal from Carroll and the court system. Then, minutes before his testimony, and with the jury still not in the courtroom, Trump piped up again. Judge Kaplan concluded that Trump was liable for defaming Carroll when he called her a liar in 2019 and that the second trial would be only on damages. As Carroll and Kaplan then left the courtroom, Business Insider asked them if they had any response to Trump's parting remark.

Persons: —, Donald Trump, Jean Carroll, Trump, Alina Habba, Carroll, umbrage, Lewis Kaplan, he'd, she's, — Trump, Roberta Kaplan, she'd, Kaplan, Carroll's, Judge Kaplan, defaming Carroll, Habba, didn't, Carroll didn't, they'll Organizations: Service, Business, Republican, Trump, US, Carroll, Secret Service, Marshalls Locations: Manhattan, America

☆ The Fed itself is the biggest risk to a soft landing for the US economy, top economist says
▼ + stars: | 2024-01-24 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

The Fed is the biggest risk to a soft landing for the economy, former Fed official Claudia Sahm said. The Fed is the biggest risk to the soft landing." Instead, an "unnecessary" recession created by elevated interest rates would be far worse. Advertisement"The idea that the worst thing that the Fed can do is cut and then raise is dangerous," she wrote. For the Fed to reverse its rate cuts wouldn't be the worst thing in the world, Sahm said.

Persons: Claudia Sahm, —, Chris Waller, Raphael Bostic, Sahm, Paul Volcker, Alan Greenspan, Jerome Powell, that's Organizations: Service, Atlanta Fed, Fed

☆ Four predictions for 2024: Brian Sullivan's outlook for the new year
▼ + stars: | 2024-01-16 | by ( Brian Sullivan | ) www.cnbc.com time to read: +5 min

Coming off a wonderfully surprising stock market global boom of 2023, this year could be anybody's guess. Utility-scale solar projects are growing around the world, and Wall Street firm T.D. There is too much money chasing solar projects, someone has to win. Here's the thinking for 2024: global oil demand is going to grow, but given China's rolling economic pain it may increase by less than some expect. Russia remains robust on global markets despite sanctions, and OPEC may have done most of what it can to keep its member and allies production levels lower to balance out global markets.

Persons: Brendan Mcdermid, I'm, there's, we've, SolarEdge, T.D, Cowen Organizations: New York Stock Exchange, NextEra Energy Partners, SolarEdge, Investors, U.S, Nat, Citigroup Locations: New York City, U.S, Brazil, Guyana, Russia, OPEC, China, Saudi Arabia

☆ World Economic Forum risks report sees a ‘global catastrophe’ within 10 years
▼ + stars: | 2024-01-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

The gloomy outlook comes from an annual survey by the World Economic Forum (WEF) of people paid to identify and manage global risks. According to the report published Wednesday, nearly two-thirds of respondents expect an “elevated chance of global catastrophes” in the next decade. Sam Yeh/AFP/Getty ImagesExtreme weather events were ranked the number two short-term risk, demonstrating heightened awareness about the environment and climate change in a year plagued by rising temperatures and rampant floods and wildfires. Cyber insecurity also made it into the top five short-term risks, for the first time in a decade. Lack of economic opportunity, persistently high inflation and an economic downturn were ranked sixth, seventh and ninth on the list of short-term risks respectively.

Persons: “, Carolina Klint, Marsh McLennan, ”, Hou Yu, Sam Yeh, “ It’s, Saadia Zahidi, ” Zahidi, ” John Scott Organizations: London CNN, Humanity, World Economic, American Psychological, Marsh, CNN, ih, Getty, Zurich Insurance Group Locations: Davos, Switzerland, Israel, Carolina, Europe, Taoyuan, AFP

☆ Marissa Mayer on 2024: I knew AI was going to change everything, and I'm excited to see where it goes next
▼ + stars: | 2023-12-19 | by ( Josée Rose | ) www.businessinsider.com time to read: +4 min

The former Yahoo CEO is excited that AI is finally having its moment but worries about regulation. I'm looking forward to 2024 — 12 is my lucky number, so 24 is kind of close. I feel I've been a lifelong student of AI and, really, a follower of AI. So to see AI really have its moment in 2023 — I feel like my lifelong conviction that this was going to be something that ends up changing everything has started to come into focus. And the fact that that was the area that really moved AI the furthest forward was a surprise to me.

Persons: Marissa Mayer, —, Mayer, she's, I'm, — I've, I've Organizations: Yahoo, Service, Google, Sunshine Locations: Business

☆ An Amazon senior leader says to think very carefully before relocating for a new job — you may regret it
▼ + stars: | 2023-11-27 | by ( Brandon Southern | ) www.businessinsider.com time to read: +6 min

The company you're relocating for may not appreciate the sacrifice you made, especially during layoffs. AdvertisementIf you're considering relocating for a job, you might want to think twice. AdvertisementRelocating is a major decisionWhen you relocate for a job, you're choosing to pack up your belongings and say goodbye to friends and family. In Amazon terms, this decision is largely viewed as a one-way-door decision; a decision where you can't easily hit the undo button with your actions. If something goes wrong with your job, will you be comfortable living in the new city working for a different company?

Persons: Brandon Southern, —, couldn't Organizations: Amazon, eBay, GameStop, Service

☆ Palantir’s mythology is far too precious
▼ + stars: | 2023-11-13 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

Yet Palantir’s top line is only expected to grow 16% this year, according to forecasts gathered by LSEG. There’s also a risk that Palantir’s ability to secure government contracts, which account for more than half its top line, will be restrained by its politics. For example, Palantir bought about $50 million of gold bars in 2021 to prepare for unpredictable “black swan” events. Also sitting on Palantir’s balance sheet are stakes in targets of special purpose acquisition companies, which it bought in exchange for purchase orders. It doesn’t take a wizard to see that in the eyes of investors Palantir is far too precious.

Persons: Peter Thiel, Alex Karp, “ Palantir, Palantir, Jeffrey Goldfarb, Aditya Sriwatsav Organizations: Reuters, Palantir Technologies, LSEG, Microsoft, Rubicon Technologies, Technologies, Thomson Locations: Snowflake, Israel, Health

After spiking close to 8% last month, 30-year mortgage rates have finally trended down a bit. Once the Fed starts cutting, mortgage rates should fall more substantially. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. But whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: you'll, Fannie Mae Organizations: Federal Reserve, Zillow, Fed, Mortgage, Association, Sky Locations: Chevron

☆ How Democrats can win big in red states
▼ + stars: | 2023-11-08 | by ( Brent D. Griffiths | Walt Hickey | ) www.businessinsider.com time to read: +7 min

Democrats are finding ways to advance their candidates and causes in traditionally red states. Tuesday's elections show that while the party may never reach its former heights in increasing red states, it can still notch victories that continue to claw back power. Some states have long elected Democrats at the local level while rejecting Republicans at the national level and vice-versa. AdvertisementAdvertisementHere are some of the ways Democrats are still winning:Keep it local. Issue 1's proponents, like other previous red state movements, couched some of their appeals in broader language that would welcome Republicans.

Persons: Roe, Wade, —, Andy Beshear, Laura Kelly, Raphael Warnock, Tip, Daniel Cameron, Katie Hobbs, Donald Trump's, Hobbs, Sen, Mark Kelly, John Bel Edwards, Kelly, Gabby Giffords, Gretchen Whitmer's, Beshear, it's, Steve Beshear, juiced, Nan Whaley, Sabato Crystal Ball, Perry Bacon Jr, Cameron, Reagan, Glenn Youngkin, Floridians Organizations: Service, GOP, Trump, Democratic Gov, Democratic, Gov, Democrats, Republicans, Louisiana Democrats, Michigan Gov, Ohio, Force, Midwesterners Locations: Ohio , Kentucky, Kansas, New York, Kentucky, In Kansas, Arizona, Louisiana, In Arizona, America, Ohio, Cleveland, Virginia

☆ Analysis: November is typically the best month for stocks. So far, it’s looking promising
▼ + stars: | 2023-11-03 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

The S&P 500 on Thursday climbed 1.9% to log its best one-day gain since April. The S&P 500 has gained an average 6.7% from November to April since 1990, according to CFRA data. “We remain comfortable with our long-standing 3,900 year-end target for the S&P 500,” he wrote in a note on October 29. The S&P 500 closed Thursday at about 4,318. “The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the company said in a short statement.

Persons: Jerome Powell’s, ”, George Smith, Mike Wilson, Morgan Stanley, Liam Reilly, Oliver Darcy, “, Read, Hanna Ziady, Andrew Bailey Organizations: CNN Business, Bell, New York CNN, Investors, Dow Jones, Dow, Federal, Treasury, LPL, Disney, Hulu Disney, Comcast, Bank of England, of England, ” Bank of England Locations: New York, Hulu, Israel

Taylor talked with The Associated Press about where her business is headed, the resurgence in travel, and rental prices. Vehicle supply is down, but we are in a much better place. And so we feel really good about vehicle supply coming into the back half of the year. But they've stayed high in part because of lack of supply coming from rental car companies returning vehicles to the market. It’s very important to keep the residual value high for the manufacturers, making sure that the customer is getting a well-maintained and great vehicle.

Persons: Chrissy Taylor, Taylor, they’ve, we’ve, they've, we’re Organizations: DETROIT, Enterprise, Enterprise Mobility, Associated Press, Detroit Locations: Louis, Europe, Detroit

☆ US House Republican opponents of Jordan's speaker bid cite government shutdown worries
▼ + stars: | 2023-10-18 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

But unless you have 217 votes to get behind that idea, it’s not a winning idea," LaLota said in an interview. D'Esposito said he was not sure that Jordan would support a stopgap measure known as a continuing resolution, an outcome becoming increasingly likely, adding: "none of us have crystal balls, but it's pretty clear where we're headed." CONTEXT* The prior Republican speaker, Kevin McCarthy, was ousted after passing the current stopgap funding measure on Sept. 30 with Democratic support, angering hardline Republicans. * Jordan was an architect of the 2013 shutdown over funding former President Barack Obama's Medicare reforms, and he supported the 2018 shutdown over funding for former President Donald Trump's border wall. Reporting by Moira Warburton in Washington; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Jordan, Kevin McCarthy, Jordan, Jim Jordan's, Nick LaLota, Anthony D'Esposito, LaLota, That's, it’s, D'Esposito, Barack, Donald Trump's, Moira Warburton, Grant McCool Organizations: Rep, U.S, Capitol, U.S . House, New, Prevent Government, Democratic, Thomson Locations: Washington , U.S, WASHINGTON, U.S, New York City, Ohio, Washington

☆ How to Prepare Every Part of Your Life for a Recession
▼ + stars: | 2023-10-16 | by ( Tanza Loudenback | ) www.wsj.com time to read: +13 min

But a recession brings other threats too, like the potential for major stock market swings that can derail financial goals. As soon as the line begins to tick upward again, the economy exits a recession and enters an expansion. Are we in a recession or is a recession coming? How to preparePreparing your finances for a recession isn’t all that different from practicing good money habits in your daily life. You’ll likely have to make some real-time adjustments to meet short-term goals while enduring a recession, McCoy says.

Persons: Loudenback, it’s, ”, Ross Hamilton, Raymond James, you’ve, Hamilton, aren’t, “ You’ve, Eric Roberge, ” Roberge, Megan McCoy, “, ’ ”, McCoy, You’ll, ” Hamilton, you’re, “ There’s, there’s, ” McCoy, Roberge, ‘ I’ve Organizations: Wall Street, National Bureau of Economic Research, Kansas State University Locations: U.S, Bethesda, Md, Boston, Hamilton

☆ Two jobs reports, two different views of the labor market
▼ + stars: | 2023-10-04 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

That wasn’t the case with today’s ADP private sector jobs data report. So how can the labor market be both cooling down and heating up at the same time? That is to say there are multiple different ways of looking at the labor market. And that’s why economists at the Federal Reserve take into account multiple different reports on the state of the labor market. Speaking of which…The BLS is set to release the all-important monthly jobs report for September at 8:30am ET on Friday.

Persons: CNN Business ’, there’d, Alicia Wallace Organizations: CNN Business, New York CNN, ADP, Bureau of Labor Statistics, Labor, Federal, Refinitiv Locations: New York

☆ How Wall Street makes money by predicting the Fed’s decisions
▼ + stars: | 2023-09-20 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

There, you will find a bar chart plotting the share of traders predicting a rate hike, cut or no change in interest rates at an upcoming meeting. Traders’ actions translate into interest rate decision probabilitiesWhen the Fed changes interest rates it’s actually changing what’s known as the federal funds rate target range. The federal funds rate is the interest rate banks charge each other to borrow money, and it impacts the interest rate consumers pay for a variety of loans, including some mortgages. But it wasn’t until 2013 that the CME Group launched the FedWatch tool, giving everyone access to the information without having to do complex calculations. Why the FedWatch Tool is so closely followedThe Fed’s interest rate decisions can have serious implications for your investments.

Persons: that’s, Jerome Powell, ” Powell, Agha Mirza, Mirza, ”, FedWatch, ” Mirza, Alex McGrath, Ben Bernanke, Ken Kuttner, Powell’s Jackson, Dow, Greg Daco, Daco, McGrath, ” McGrath Organizations: New, New York CNN, Federal, Chicago Mercantile Exchange, CME Group, CNN, Fed, Index, “ Investors, Williams College Locations: New York, EY

☆ New economic rules shatter US bonds’ crystal ball
▼ + stars: | 2023-09-19 | by ( Ben Winck | ) www.reuters.com time to read: +8 min

Yield curve “inversions” belong to the latter group. At first sight, they are right: Yield curve inversions have been a consistent predictor of future downturns. Yield curve inversions take place when the yield on short-dated government debt climbs higher than that on longer-term bonds. Lower long-dated bond yields are seen as a sign that investors predict lower rates due to an economic downturn. As such, yield curve inversions have become a popular forward indicator of economic recessions.

Persons: Treasuries, There’s, Eugene F, Fama, Kenneth R, joblessness, Morgan Stanley, Ellen Zentner, Francesco Guerrera, Sharon Lam, Aditya Sriwatsav, Oliver Taslic Organizations: Reuters, San Francisco Federal Reserve, Fed, New York Fed, Morgan Stanley U.S, Treasury, European Central Bank, Thomson Locations: United States, U.S, Covid

☆ The AI market will probably work out 'extremely well' in the long run, venture capital firm says
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe AI market will probably work out 'extremely well' in the long run, venture capital firm saysAlfred Chuang, founder and general partner at Race Capital, says "my crystal ball would say … tech needs overpricing and overinvestment for it to propel fast enough to satisfy the appetite of the user."

Persons: Alfred Chuang Organizations: Race

☆ A 39-year market veteran shares why this market rally is only beginning and stocks are destined to hit new record highs in the coming months — and the 5 best ways to take advantage of it
▼ + stars: | 2023-09-15 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Market volatility (bottom half) spiked during the downturn but has steadily receded during the rebound despite a late-summer hiccup. Tim Hayes, Ned Davis ResearchHayes believes that a healthy reset shook out much of that euphoria without leaving lasting damage. History says this market rally has plenty of room to runThe final three months of the year have historically been the friendliest to stocks, Hayes said. Tim Hayes, Ned Davis Research"It doesn't follow the script precisely," Hayes said. The forthcoming market rally should broaden out, the strategist said, which should boost parts of the market that haven't participated as well, including economically sensitive small companies and sectors.

Persons: Ned Davis, Tim Hayes, who's, Ned Davis Research Hayes, " Hayes, Hayes, Morgan Stanley, Mike Wilson's, David Lundgren, they've, There's, He's, haven't, they're Organizations: Ned, Ned Davis Research, Technology Locations: China, United Kingdom, Canada, Japan

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