Investors, by now, have a hefty allocation to tech firms in the bustling world of AI investing. The firms that entered the year as the “Magnificent Seven” have perhaps been reduced to six or even five names.
The discourse surrounding rate cuts has come back around once again. Where the potential for rate cuts dropped as 2023 became 2024, the rate cut signals from the Fed are sparking once again.
Recently, investors were reminded that mega-cap equities aren't always risk-proof. While NVIDIA's stock has rebounded a bit since the sell-off on June 24, investors may be looking for alternative means for seeking long-term growth.
Looking for ETF options for the rest of 2024? The midpoint of the year presents investors with the opportunity to reset and think about their portfolios.