It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
As 2023 winds down, strategies for reducing the tax bite come to mind. And exchange-traded funds can play a vital role in helping with this all-important task. Tax-loss harvesting is a common method for using investment losses to offset taxable gains or earned income. Under current U.S. tax laws, realized losses can be used dollar … Read more
U.S. inflation cooled in October, which some investors took as a strong signal that the Federal Reserve is done raising interest rates. This optimism fueled demand for long-dated Treasuries, which drove the price of the largest U.S. long-dated bond exchange-traded fund higher. The $49.2 billion iShares 20+ Year Treasury Bond ETF (ticker: TLT) closed Tuesday … Read more
[The world of AI technology is rapidly accelerating at breakneck speeds, even as it is still in its relative infancy and still being largely experimental. The fact that it is quickly making waves everywhere, already breaking new ground, and early product iterations are being adopted at a meteoric pace is a testament to its usefulness … Read more
This year has posed an unusual array of challenges for investors, and more could be in store. The major stock market indexes are still up in 2023, powered by a narrow slice of technology stocks, but have been losing ground rapidly. Bond yields have risen sharply, topping 5% on some government debt. The economic outlook … Read more