The first month of the new year found a flurry of market-moving news. Oil was certainly part of January’s total return tale, but there was another major event that helped turn the performance page: The European Central Bank’s much delayed and much anticipated $1.3 trillion dollar action plan set to kick off in March and run through September of next year. The markets will now be on the lookout for proof of the same sort of turnaround inside the Eurozone that we had here in the United States. In this month’s issue, I spotlight the funds that were added to our model portfolios as a result of my recommended trades on January 2nd. You will also see my exclusive interview with Sonu Kalra, manager of Blue Chip Growth. I’ll also let you in on which fund is the top performing diversified fund in our model portfolios, with a January return of 0.9%. And finally, I will reveal this year’s Hot Hands fund, which is managed by the no. 3-ranked diversified manager according to my proprietary manager ranking system. Read more
Oil price volatility is interesting, but the economic and earnings fundamentals that drive them are moving the markets, more or less. Geopolitics? Neither Russia nor Greece has caused the global markets to back down, with many markets around the globe at record highs or multi-year highs—the U.S., the U.K., and Germany, to name three. Take that, doom and gloom headlines! This week we heard from our Fed Chair, who remains dedicated to encouraging a full-blown jobs recovery without upending the apple cart of our growing economy. Tomorrow we get our first revision to the initial 4th quarter 2014 GDP read, as well as a regional manufacturing gauge, consumer sentiment read and a pending home sales report. Read more
Oil price volatility is interesting, but the economic and earnings fundamentals that drive it are moving the markets, more or less. Geopolitics? Neither Russia nor Greece has caused the global markets to back down, with many markets around the globe at record highs or multi-year highs—the U.S., the U.K., and Germany, to name three. Take that, doom and gloom headlines! 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
|Growth & Income||-1.3%||13.3%|
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