These Growth ETFs Can Help Capture the Market Rebound May 14, 2021
As U.S. markets rebound from a volatile week, battered growth segments have take the lead. Investors can also focus on the growth style with exchange traded funds.
Stocks retreated earlier in the week after data revealed that consumer prices spiked in April, which stoked concerns that the surge in prices for raw materials will cut down profit margins. The jump also added to fears that the Federal Reserve would pare back easy-money policies that have helped stocks rally to record highs.
Investors have dumped equities in response to the inflation fears, especially some of the high-flying growth companies that have been favored over the past year.
Sierra Sun
Matt Levitt, Tahoe Blue Vodka founder and CEO, donated $100,000 to help finance Clean Up The Lake’s 2021 72-mile Lake Tahoe cleanup. Tahoe Fund is raising funds to match the $100,000 donation.
Clean Up The Lake
Typical dive days involve a group of roughly 10 to 12 people, including volunteers on kayaks, safety monitors, a jet ski, and a couple of boats. Larger cleanup days will see the group double in size. Diving will take place at depths of up to 25 feet.
Clean Up The Lake
“It’s really thrilling and exciting to get this going,” said West. “The team of people that have been with me has been truly amazing.”
Consider Value ETFs as Inflation Weighs on the Growth Style May 13, 2021
Growth stocks are retreating as rising inflation fears weigh on the markets. Exchange traded fund investors can, instead, look to the value style.
The consumer price index surged a higher-than-expected 4.2% in April year-over-year, according to the Labor Department, rising to its highest 12-month level since the summer of 2008, the Wall Street Journal reports.
“That’s starting to get investors a little bit nervous here since we are trading still near all-time highs across the equity market,” Tony Bedikian, head of global markets at Citizens, told the WSJ.
The increase in commodity prices, ongoing supply chain problems and hiring difficulties have fueled expectations of a prolonged increase in consumer prices.
Justin Timberlake at the American Century in 2017 with 7th hole hosts from winZr. Photo by STN.
LAKE TAHOE, Nev. - It s official! The American Century Championship is returning to Edgewood Tahoe for the 32nd year and the list of golfers hitting the links includes fan favorites Justin Timberlake, Tony Romo, Aaron Rogers, Patrick Mahomes, Drew Brees, and Charles Barkley.
Sports and entertainment superstars will take center stage July 7-11 at Edgewood Tahoe. After not being allowed on the course in 2020, fans are able to return this year. They always play a major role in the production from the beach to the greens.
As U.S. markets rebound, investors can consider value exchange traded funds to ride the ongoing shifts.
Signs that inflation may gaining momentum have put markets on edge, especially pressuring shares in the priciest segments like growth. Data earlier this week revealed consumer prices jumped in April, and a separate report Thursday showed producer prices saw their biggest annual jump since the Bureau of Labor Statistics began tracking the data in 2010, the Wall Street Journal reports.
The Labor Department revealed that U.S. producer prices gained 0.6% last month after rising 1% in March, Reuters reports. A separate report indicated claims for U.S. unemployment benefits also rose 473,000 over the past week.