The year finished strong as investors look ahead to a 2021 recovery.
Previously lagging sectors, such as Energy and Financials, were the best performers, we believe, due to growing expectations for a full re-opening of the economy.
As the rotation towards recovery plays continues, we have increased our exposure to economically sensitive areas such as emerging markets.
The Road to Recovery is Paved with Government Spending and Vaccine Approvals
Finished the year strong:
At the beginning of the fourth quarter, uncertainties surrounding the US elections, timing of vaccine approval, and above-average valuation levels left many investors questioning whether the rally off the March lows could be sustained. News of additional stimulus, improving economic metrics, and multiple vaccine approvals overshadowed those uncertainties. As a result, investors chose to focus on the road ahead rather than the rear-view mirror. Ultimately headlines gave way to recovering fundamentals, leading globa
Pittsburgh Penguins and F N B Corporation Announce New Power Play Package pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.
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PITTSBURGH, Jan. 6, 2021 /PRNewswire/ F.N.B. Corporation (NYSE: FNB) announced today that it plans to issue financial results for the fourth quarter of 2020 at 6:00 PM ET Tuesday, January 19, 2021. Chairman, President and Chief Executive Officer, Vincent J. Delie, Jr., Chief Financial Officer, Vincent J. Calabrese, Jr., and Chief Credit Officer, Gary L. Guerrieri, plan to host a conference call to discuss the Company s financial results on Wednesday, January 20, 2021 at 8:15 AM ET.
Participants are encouraged to pre-register for the conference call at:
https://dpregister.com/10151002. Callers who pre-register will be provided a conference passcode and unique PIN to bypass the live operator and gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.
Consumer Stocks Are on a Tear Smaller Retailers Could Be Next marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.
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A cyclical stock is a stock whose performance follows the overall economy, rising when it grows and dropping during declines.
Cyclical stocks typically belong to industries dependent on discretionary spending: travel, entertainment, auto manufacturing, building construction, and luxury retail.
Cyclical stocks are volatile and transactions have to be carefully timed, but they can offer higher-than-market-average returns.
How do you know when a stock is going to rise, and when it is going to fall? If there were a single, definitive answer, all investors would be billionaires. While all stocks are affected by the moves of the stock market itself, there are a host of other influences from a company s own fundamentals to the economy overall.