Reported 4 months ago
The article discusses the recent momentum trade in the Nasdaq Composite index, driven by anticipation of Nvidia's earnings and strong fundamentals. Russell Investments President and Chief Investment Officer Kate El-Hillow suggests that while it's hard to predict the end of a momentum trade, trimming holdings may be wise, especially if investors believe in the durability of the AI trend. El-Hillow also mentions the potential impact of interest rate cuts and earnings gaps seen in the market. The article provides expert insight on market momentum, potential sectors for investment, and the influence of interest rates on market performance.
Source: YAHOO