Joel Greenblatt's Gotham Asset Management made a significant defensive move in Q2 2026 by adding $2.65 billion to the SPDR S&P 500 ETF, now about 20% of its portfolio, signaling a shift from concentrated stock picks to broader market exposure. The fund also made large buys in defensive sectors like managed care (Humana), packaged foods (General Mills), and Manhattan office real estate (Vornado Realty Trust), reflecting a cautious stance amid slowing economic growth and market uncertainty. Humana stands out with strong revenue growth and a clear margin target, while General Mills offers value and yield amid recessionary consumer sentiment. This strategy suggests a preference for stable, cash-flowing assets and dry powder in Treasury bills over high-risk stock picking, which may guide retirement-focused investors.
Global government bond markets are pricing in structurally higher interest rates and term premiums, reflecting skepticism about fiscal and demographic sustainability. Despite recent US data suggesting lower yields, the 10-year forward rate has surged...
Joe Terranova of Virtus Investment Partners predicts the S&P 500 could hit 10,000 within 18 months, supported by historic earnings growth and broad sector gains. Corporate profits are at record highs, and earnings growth averages around 14% across se...
Brett Ashcroft Green, a certified financial planner, expresses optimism about AI-driven growth and recommends a diversified, income-focused portfolio to capture ongoing sector gains while reducing bubble risk. He highlights a shift from research and ...
The Schwab US Dividend Equity ETF (SCHD) has risen over 6% in the past month, outperforming the SPY ETF which gained 3.24%. Year-to-date, SCHD nearly doubles SPY's return, showing strong performance despite geopolitical tensions and oil price surges ...
The Capital Group Core Equity ETF (CGUS) is rated Buy due to its adaptive active management strategy, which has led it to outperform the SPDR S&P 500 ETF Trust (SPY) by 1.4% year-to-date. CGUS uses a flexible multi-manager approach allowing dynamic s...
