Markets brave a presidential-cycle speed bump
Breakfast with Benjamin: It's a bad time for stocks, based on the presidential cycle. Plus: The Nasdaq tests correction territory; most money managers think U.S. stocks are pricey (but there is a market they love); a tech ETF for nervous investors; what advisers wish investors knew; and having delicious fun with Crème Eggs.
- Something else for investors to fret about: We’ve entered the historically worst period of the presidential cycle for stocks, if you believe in such things. The rocky stretch leading up to midterm elections in a president’s second term
- The Nasdaq is oh-so-close to correction territory following the momentum rout. Falling off a March 5 high
- The majority of money managers, globally, think the U.S. stock market is overvalued. Meanwhile, they have never been so bullish on the emerging markets, according to a BofA survey. Only 2% of money managers would be underweight the emerging markets
- Having your dividends and tech stock exposure, too. And it’s all wrapped up nicely in one tidy ETF that includes the retro feel of a bunch of popular names from the 1990s. First Trust Nasdaq Technology Dividend Index Fund (TDIV)
- If investors better understood a few basics, the financial adviser’s job would be so much easier. Only you can determine your risk tolerance
- Easter bonus: More than a dozen fun and delicious ways to enjoy a Crème Egg. Playing with your food
Learn more about reprints and licensing for this article.