Sure, but that is big money playing the headlines while retail provides grease for trading believing “maybe safe now.” Institutions will sell at first hint things headed south, retail will hold the bag. Gone on all year.
EM has been historically such a laggard, i don't have it in me to commit, though you could well be right.
Nibbled today on some SCHD as a dividend paying play, and have built a small position over the last few weeks.
Feeling better about buying back some of the tech ETF I lightened up on a few weeks ago, and I am in the process of doing just that.
Lots going on these days.
what do they say....that every time you buy something you should feel terrified.
meaning it should be such an out of favor investment that few want to own it.
of course we could have said the same thing over the past years even as emerging has done nothing or worse than nothing.
Yes, been there and done that before, and it has not gone as expected...
What gives me pause about EM and overseas is Putin and his influence on energy, which is more of an issue to them than it is in the US. How long that will go on, who knows, but at least in the short term, it's hard to not consider that as a factor.
Also, China is a big part of the EM trade, and we all know how the markets hate uncertainty.
Wow - what happened? I was avoiding Yahoo finance today. The market was down earlier and now the NASDAQ is up 4.5%. This is great. Remember how I said when the market is off to a terrible start (Jan and Feb) to the year, 82% of the time it finishes the year in the positive? We only have 4 weeks left but things are looking great! Come on December!
Take away the reaction of the market after the Oct inflation report (up 5.5% on 11/9) and after today's speech 3.095% and this index was down for the month. Hence, absent those two articificial boosts, not so solid after all
Before Powell spoke on Wapner’s Halftime Report the chorus of money managers was “please Jay save us.” Doubt Jay has little influence on where we end up.
That’s quite a switch for you. Usually you have plenty of blame for Powell and the Fed.
Before Powell spoke on Wapner’s Halftime Report the chorus of money managers was “please Jay save us.” Doubt Jay has little influence on where we end up.
That’s quite a switch for you. Usually you have plenty of blame for Powell and the Fed.
Show ‘nuff Obsessed Troll. Don’t blame SBF too much for an environment in part pushed by Jay.
Before Powell spoke on Wapner’s Halftime Report the chorus of money managers was “please Jay save us.” Doubt Jay has little influence on where we end up.
That’s quite a switch for you. Usually you have plenty of blame for Powell and the Fed.
Some fun facts gleaned from my morning readings: “Since 1939, no matter which party has gained control of Congress, the stock market has risen in the year following a midterm election, according to a US Bank analysis. And though the market's post-midterm performance has varied widely over the years, on average, the outperformance in the modern era has been significant-especially in the first six months after election day. For the six months starting November 1 of each midterm election year going back to 1962, the S&P 500 index has returned a far-above-average 15%”
Some fun facts gleaned from my morning readings: “Since 1939, no matter which party has gained control of Congress, the stock market has risen in the year following a midterm election, according to a US Bank analysis. And though the market's post-midterm performance has varied widely over the years, on average, the outperformance in the modern era has been significant-especially in the first six months after election day. For the six months starting November 1 of each midterm election year going back to 1962, the S&P 500 index has returned a far-above-average 15%”
Just to add to your post ...
"Analysts studied Bloomberg stock market data from the past 60 years, which included 15 midterm elections, and found that the S&P 500 “has historically outperformed the market in the 12-month period after a midterm election, with an average return of 16.3%.”