“The market is record bullish on future earnings for the top 10 companies in the index.”
ANOFE News
Nvidia alone accounts for more than a third of the S&P 500’s gains this year—and it’s a big risk for investors, top economist warns
“The bottom line is that the extreme concentration of returns in the S&P 500 makes investors more vulnerable to single headlines impacting the one stock driving index returns.”
Chase bank to let advertisers target customers based on spending data
Marketers in the new program will only pay the bank when a customer makes a purchase
Millennials reclaim title of biggest home buying generation, but boomers still have upper hand
Boomers’ 2023 beat was a blip, as millennials have outpaced their elders for the past seven years
Powell sees need for more evidence that inflation is easing before cutting rates
Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation.
The AI rally is ignoring some big risks
Stocks are heading higher once again on Thursday, as Nvidia’s results powered a fresh wave of tech optimism, and with the S&P 500 up more than 4% in 2024, rally skeptics are hard to find. Still J.P. Morgan warns that investors shouldn’t assume the bulls will always be in charge.