2017 was a strong year for stocks, but some sectors were more rewarding for investors than others. Denise Chisholm, Sector Strategist at Fidelity, joins us to explain which sectors could be ready to break out in 2018.
Chisholm points to data suggesting we may be in the early stages of an extended profit recovery. She says this supports a pro-cyclical environment, which would benefit sectors such as financials, industrials, and technology. On the flip side, Chisholm adds that more stable sectors such as utilities and telecom tend to underperform.
Much like all the upheaval shaking the world, the huge swings rocking Wall Street may feel far from normal. But, for investing at least, this is normal.
President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers.
Who's being chicken about eggs? Plus, cable's last(?) stand, quantum competition, and crypto crime.
Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations.
Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after tax dodgers.
President Trump said so! Plus, delivery app duels, Southwest's executive nosedive, and the truth behind Truth Social.
