Goodbye 2014 and welcome 2015. It's hard to believe that a new year is upon us. But even harder to believe are all the expert predictions about what the new year portends. Of course, that won't stop the chorus of claims about market peaks leading to selling avalanches, domestic politics gumming up the works, geopolitics upending anything that had a chance of rolling uphill. In 2015, I think the refrain will be: The more things don't change, the more they remain the same—with the exception of our own economy, which I think is more likely going to keep improving. This means that despite what I think will be a much bumpier road ahead, I think we'll have gains again. Read more
This week we’ve heard from some bellwether technology companies: Microsoft presented softer than expected business spending on their Windows operating system, which jibes with the trend of business IT spending remaining relatively weak. Apple posted a highly profitable quarter thanks to selling nearly 75 million iPhones in the 4th quarter (Apple’s fiscal 1st quarter)in addition to desktops and iPads, and being able to up-sell to more expensive (and more profitable to Apple) iPhone memory upgrades, and more. Read more
View the January 30, 2015 issue FSI Market Masters There are no trades recommended in FSI Market Masters this week. For the year to date, the S&P 500 is down 1.7%. FSI Market Masters is up 2.0%. FSI Infrastructure-Plus There Read more
Jim Lowell is Editor-in-Chief of the award-winning independent newsletters Fidelity Investor and Fidelity Sector Investor. Through his newsletters, Jim advises individual investors seeking superior performance from their Fidelity investments. He has also written several books on investing, Investing from Scratch (revised edition, Penguin, 2006) and What Every Fidelity Investor Needs to Know (Wiley, 2007) among them. Read more
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