Investors betting on a continued economic rebound are increasingly looking beyond U.S. stocks.of the Covid-19 vaccine rollout. Some are also taking a look at European markets, which lagged behind in 2020 but are dominated by cyclical shares.become a concentrated bet on the technology sector
, which contributed more than half of the S&P 500’s 18% total return last year. The tech-laden Nasdaq Composite fared even better, rising 45% including dividends. Those gains might be difficult to replicate in the new year. “We feel like the opportunity from here going forward is really going to be in the international markets outside of the U.S.,” said Munish Malhotra, co-portfolio manager of global equity strategy at Cambiar Investors. Potential easing of Washington’s trade tensions with China could reduce a headwind, while in the U.S., big technology companies might face challenges trying to extend their rapid growth, he said.
Cambiar recently added to positions in the German engineering giant Siemens AG and the Macau casino operator Sands China Ltd. , betting that both will benefit as the pandemic subsides.
When asked why Republicans didn’t prevail on Tuesday, a senior Senate Republican aide simply said: “Donald J. Trump.
While the rest of us are in breadlines
thanks for this news Merry Christmas))
Ha, wait until they find out Vaccine is useless to new Covid-19 strains.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.