The U.S. stock market has proven to be an historic juggernaut, and its stellar performance this year, as this table shows, only solidifies its reputation as top dog:
Or does it?
Investors would be forgiven for feeling jittery heading into an earnings season where sky-high valuations tangle with results that are expected to show slowing growth. So maybe some peace of mind will come with moving investment cash overseas. In that case, Accuvest Global Advisors is here to help.
The investment manager, in our call of the day, just released its latest country ranking and the U.S. comes in fourth, behind China, Russia and Norway.
“China shows positive and improving momentum,” writes Accuvest portfolio manager James Calhoun. “This blends nicely with persistently strong fundamentals and undemanding valuations.”
There are plenty of ways to gain exposure to China, including popular picks like the iShares China Large Cap ETF
the biggest of all Chinese ETFs, and the iShares MSCI China ETF
For a more internet-focused approach, there’s the KraneShares CSI China Internet ETF.
For Russia and Norway, here are just some of the many vehicles to sift through: The VanEck Vectors Russia
the iShares MSCI Russia Capped ETF
the iShares MSCI Norway ETF
and the Global X Norway ETF
Back here in the States, stocks are drifting lower.
The S&P 500
and Dow Jones Industrial Average
are all in the red to kick off the week. Crude oil
is in also lower, as are both gold
and the dollar
tacked on gains early but were mostly stagnant. Asian equities
gained, bolstered by the Shanghai Composite
rallying on signs the U.S. and China are closing in on a trade deal after months of negotiations.
Tiger Woods made a lot of people happy Sunday when he won his fifth Masters title. Perhaps nobody was happier than the folks at Nike
The sponsor that stuck with Tiger through the dark times capitalized on his epic victory by releasing an ad within minutes of the final putt dropping in the cup. Oh, and somebody else is really happy about his win (see “The stat” below.)
continuing the strong run for banks, soundly beat earnings expectations and shares are moving up.
Some Merger Monday action with Waste Management
announcing a $4.9 billion deal, to buy its smaller rival Advanced Disposal Services
whose shares are taking off like a rocket.
Huawei Technologies says it’s “open” to selling 5G smartphone chips to Apple
In a CNBC interview that aired late Sunday, the Chinese tech giant’s founder and CEO Ren Zhengfei said the company would consider selling its next-generation mobile chips to other smartphone makers, in a potentially big shift in strategy. “We’re open to Apple in this regard,” he said.
South Bend, Ind. Mayor Pete Buttigieg didn’t let some freezing rain get in the way of his formally announcing his bid for the presidency on Sunday. “One day they will write histories, not just about one campaign or one presidency but about the era that began here today, in this building, where past, present, and future meet,” he told the crowd. “It’s cold out, but we’ve had it with winter. You and I have the chance to usher in a new American spring.”
Powerful storms swept across the South over the weekend after unleashing suspected tornadoes and flooding that killed at least eight people, including three children, and also injured dozens and flattened much of a Texas town.
$1.19 million — That’s how much one lucky better took home by betting $85,000 Tiger would win the Masters, according to ESPN. “It’s great to see Tiger back,” Nick Bogdanovich, director of trading at William Hill, said in a release. “It’s a painful day for William Hill — our biggest loss ever — but a great day for golf.”
“If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%” — Donald Trump, continuing his slam of the central bank.
“The tale from some of the most cyclical and predictive economic indicators are telling investors two very different things at the moment,” says Bryce Coward, portfolio manager at Knowledge Leaders Capital. He’s referring to lumber and copper prices, and how their divergence, is giving investors mixed signals:
is giving the green light, but lumber
is flashing yellow. “Both indicators can’t be right, so which is actually the most useful in telegraphing economic activity?” Coward asked in a blog post.
“From my perspective, it’s lumber,” because of its role as a leading indicator of economic activity rather than copper’s coincident relationship. “A break below levels of last fall would be undoubtedly bearish for the economy and stocks too,” he said, “while a reversal right here could paint a more benign picture.”
The New York Fed Empire State Manufacturing survey for April hits at 8:30 a.m. Eastern, but that’s the only notable bit economic data we’ll see today. On Thursday, the initial weekly unemployment claims report will be released along with retail sales. Housing starts data arrives on Friday morning.
Phone addicts are the new drunk drivers.
ISIS kidnapped her five years ago… she might still be alive.
A Fordham University student died early Sunday morning after falling about 30 feet from inside a clock tower on the school’s Bronx campus.
Here’s how social media is changing the world of comedy.
The Golden State Warriors get the “60 Minutes” treatment.
Man not too pleased parents throw out his porn stash, so he sues them.
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