In this video, Chuck Carnevale, co-founder of FAST Graphs (“Mr. Valuation”), examines five managed healthcare stocks (companies) to assess whether they have recovered from recent industry challenges or remain “sick.” The companies analyzed are UnitedHealth Group (UNH), Elevance Health (ELV), Humana (HUM), Centene (CNC), and Molina Healthcare (MOH).
As emerging markets navigate deglobalization, tariffs and regional conflicts, they are pivoting toward domestic drivers of growth and intra-regional trade
Whether you’re building your portfolio, trying to diversify or considering new investments, understanding the difference between active and passive funds is extremely helpful. Both mutual funds and exchange-traded funds (ETFs) can be either active or passive.
When equity markets rise to record highs, it’s natural for investors to feel a twinge of anxiety about putting more money into stocks. The fear of an impending correction often looms large.
The house of pain continues with small caps, at least on a relative basis. Year-to-date, the S&P 600 index has posted a 3.0% gain, so it's not like money is being burned. But still, even the Bloomberg Aggregate Bond index is up 4.9% YTD and the S&P 500 is up 10.9%.
Late last Friday, the Court of Appeals for the Federal Circuit (CAFC) largely affirmed the Court of International Trade’s (CIT) May ruling blocking President Trump’s tariffs imposed under the International Economic Emergency Powers Act (IEEPA).
This past week, we saw a sweeping change in U.S. trade policy come into effect with the termination of the long-standing “de minimis” exemption on small, imported parcels.
The U.S. stock market continues to trade near all-time highs, with performance again concentrated in a handful of the largest, predominantly tech-oriented companies in the S&P 500 Index. Meanwhile, active managers are continuing to underperform.
401(k) Day, celebrated annually on the Friday after Labor Day, is more than just a reminder to check your retirement account.
After a volatile first four months of 2025, it was a good summer for investors to go on vacation, as markets, for the most part, went up weekly.
In this article, Russ Koesterich discusses the merits of increasing one’s allocation to gold ahead of the potential for some seasonal volatility in the fall.
As demand for personalized investing strategies has increased, direct indexing has become one of the fastest-growing types of separately managed accounts (SMAs).
Doug Drabik discusses fixed income market conditions and offers insight for bond investors.
Markets rallied in August as hopes for a September Fed rate cut boosted equities, small caps, and income-oriented fixed income sectors, though risks of inflation and valuation excess remain.
Relations across the English Channel have stabilized.
Nvidia made a splash last week, or maybe an anti-splash, when it reported earnings and stated an intention to buy back $60 billion in stock.
Equities thrive when discount rates are low. Cheap capital inflates the present value of future cash flows, giving companies more leeway to finance growth and investors more willingness to pay higher multiples.
With an eye on mitigating rate risk, short-term bond funds have been the apple of fixed income investors’ eyes the past few years.
Emerging market investing has long been dominated by China’s outsized role. The country once accounted for roughly 30%-40% of many EM indexes.
Here is the hard truth you must learn. Your real edge comes from limiting damage when you’re wrong and maximizing gains when you’re right, which is the very foundation of any risk plan. You will lose. You must build your system around that fact.
Investing in cryptocurrencies began as a grassroots movement of investors who believed in the importance of decentralization.
The Nasdaq-100 Index (NDX) is higher by 87.4% for the three years ending August 28. And the Magnificent Seven stocks are taking on larger percentages of other widely observed benchmarks.
It’s a deeply ingrained investing maxim that risk and return go hand in hand: to get more return, you must accept more risk.
The housing market remains out of sync with the broader economy as affordability is depressed, but an improvement in supply and demand dynamics might be on the horizon.
Earnings results surpassed expectations for the third consecutive quarter, which drove the market's strong August performance.
Powell’s speech seemed to give an all-clear signal for a cut in September. The speech started with a focus on the softening labor market, concluding it is in a “curious kind of balance” with rising risks of layoffs.
Here’s how I see it going into a critical data week: the inflation gauges landed precisely on expectations while an ugly July trade gap shaves some growth from Q3, and that combination keeps the Fed on a path to cut 25 basis points at the next meeting.
Markets surged late last week after Federal Reserve Chairman Jerome Powell suggested at Jackson Hole that the U.S. central bank may be ready to cut interest rates in September. Traders took it as a green light, while Goldman Sachs, J.P. Morgan, Barclays and others quickly pivoted their forecasts. The CME FedWatch tool now puts the odds of a September cut at nearly 90%.
In our opinion, all of these legitimate concerns are, to various degrees, already priced into financial markets. The impact of these on the ongoing stock market rally will depend on their trajectory relative to investor expectations.
For the past two years, we have been warning that the stock market is overvalued. While our capitalized profits model is simple, it is more complex than just looking at price-earnings or price-sales ratios.
Streamlining government spending is a worthy cause in the effort to establish a more sustainable budget. Let’s review the progress of the Department of Government Efficiency (DOGE) and outline some areas for improvement.
Energy prices indicate economic strength, or, in this case, weakness. If the global economy grew strongly, the need for oil consumption would rise, absorbing the current production levels, causing energy prices to rise.
Curiosity gave birth to philosophy. Ongoing intellectual curiosity is still driving investment success thousands of years later.
Learning to read the Fed minutes effectively can help traders understand the central bank's policy-making process, sentiment, and rate expectations, all of which can impact markets.
Each bank sets its own Beige Book reporting priorities, though prices, jobs and real estate are common themes. The Kansas City Fed, for example, covers nine topics, including community conditions, community and regional banking and agriculture.
In this video, Chuck Carnevale—co-founder of FAST Graphs and known as Mr. Valuation—explains why investors should avoid paying premium prices for stocks, why buying overvalued stocks Is risky – even when the businesses themselves are high quality.
Last week's economic data revealed strong economic growth running up against rising prices and falling confidence.
On this week’s edition of Market Week in Review, Senior Investment Strategist and Head of Canadian Strategy, BeiChen Lin, explained key factors fueling the strong performance in North American stock markets. He also assessed the latest U.S. Federal Reserve (Fed) developments and shared upcoming watchpoints for the U.S. and Canadian labor markets.
The adage “don’t borrow trouble” advises us against distressing over problems yet to occur. But we don’t think it should apply to retirement planning. In fact, digging into what concerns DC plan participants now may help them avoid retirement pitfalls down the road.
Muni & corporate bonds trading activity has been reaching record levels through the first half of 2025 at the Intercontinental Exchange.
Radical policy changes can launch new economic eras.
When the value of the U.S. dollar declines, international developed-market bonds tend to become attractive. Here's why the bond outlook is more positive than it has been for the past decade.
NVIDIA (NVDA) earnings are the focus tonight, but investors’ attention will quickly shift back to the macro later this week. According to our Economic Calendar, with data licensed from Econoday Inc., a second read on Q2 GDP hits the tape Thursday morning.
Is the U.S. economy “all twisted up in the game” with the S&P 500 Index dominated by technology/AI stocks? How much is investor confidence affecting consumer confidence? How much has the increase in financial advice and advisors been fed by the success of this stock market?
The global exchange-traded funds (ETFs) market has rarely been more dynamic. Active strategies may be commanding the headlines, but index-based ETFs remain the bedrock of portfolios worldwide.
Europe's defense landscape has undergone a paradigm shift—a rearmament cycle unfolding at a velocity unseen since the Cold War.
The financial markets often shift gears in September, moving away from the quiet summer months marked by low trading volumes and limited volatility, and entering a period historically associated with seasonal weakness and increased market instability.
The year to date has been complicated by a cloud of uncertainty as a new U.S. administration took the world economy by storm.
A full-scale implementation partner does the behind-the-scenes—but critically necessary—work of managing portfolios according to the investment objectives, risk tolerance and preferences set by an investment team. In doing so, they free up time and energy for the investment staff to focus on decision-making.
According to recent analysis from the Congressional Budget Office (CBO), tariff revenue could meaningfully impact both sides of the bond market pendulum, which on net, could be beneficial to the Treasury market.
