Three alternative assets to consider adding to your portfolio

Alternative investments are a key component for investors wishing to diversify their portfolio outside of the traditional equity (^DJI, ^IXIC, ^GSPC) and bond markets (^TYX, ^TNX, ^FVX). Franklin Templeton head of US wealth management alternatives Dave Donahoo lists examples of alternative investments to consider, including private equity, real estate, and private credit. To watch more expert insights and analysis on the latest market action, check out more Wealth here.

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Old wisdom of ‘sell in May’ back in focus as stock market churns

(Bloomberg) — An age-old market maxim looms over the bounce in US stocks: Sell in May and go away.Most Read from BloombergNew York City Transit System Chips Away at Subway Fare EvasionNYC’s Congestion Toll Raised $159 Million in the First QuarterThe Last Thing US Transit Agencies Should Do NowAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryAt the National Public Housing Museum, an Embattled Idea Finds a HomeOne of the best-known market trends, the “sell in May” effect is backe

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US stock futures tepid ahead of data storm, megacap earnings

First-quarter gross domestic product data, March’s reading of the PCE price index – the Federal Reserve’s preferred inflation metric – and ADP employment figures are all due on the day. Caterpillar Inc is among the many companies reporting results before the bell, while “Magnificent Seven” members Meta Platforms and Microsoft’s results will take the spotlight after markets close as investors await clarity on the outlook for the tech sector and AI-focused investments.

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Tarnished Magnificent 7 stocks rebound faces test with earnings

NEW YORK (Reuters) -The U.S. technology and growth stocks known as the “Magnificent Seven” have regained their footing somewhat after a steep slide, but a few weeks of growing valuations and a dimming earnings edge could make it harder for them to push Wall Street higher. The stocks — Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms and Tesla — have stumbled in 2025, dragging down the benchmark indexes they had lifted to record peaks the prior two years. The highly valued shares had swooned as investor fears spiked about the economic fallout from President Donald Trump’s tariffs.

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Jefferies' Wood Says Too Much Capex Is Being Spent on AI

“Even if you take out the tariff story I think there is an issue for Big Tech and the market will probably start to refocus on that when we get this earnings season,” according to Christopher Wood, global head of equity strategy at Jefferies, told Bloomberg TV. “We still have then the issue of the massive amount of capex being spent on Big Tech,” he says. “They’re overspending on this AI story.” (Source: Bloomberg)

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Odd Lots: Important US Economic Data Is Decaying (Podcast)

Gathering official economic data is a huge process in the best of times. But a bunch of different things have now combined to make that process even harder. People aren’t responding to surveys like they used to. Survey responses have also become a lot more divided along political lines. And at the same time, the Trump administration wants to cut back on government spending, and the worry is that fewer official resources will make tracking the US economy even harder for statistical departments th

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