- (1:00) – Why Did Stocks Surprise To The Upside In 2023?
- (4:30) – Will The Federal Reserve Pull Off A Soft Landing In 2024?
- (8:20) – Can The Stock Market Rally Continue Into The New Year?
- (12:00) – What Are The Major Themes Investors Should Use To Position Their Portfolios?
- (17:00) – Is Now A Good Time To Increase Your Exposure To Dividend Stocks?
- (20:45) – Creating Strong Fixed Income For Your 2024 Portfolio
- (25:40) – Finding Industries Poised To Grow From Macro Economic Trends
- (30:30) – Episode Roundup: QUS, SDY, VIG, XNTK, XHB, ITB, XAR, ITA
- Podcast@zacks.com
In this episode of ETF Spotlight, I speak with Matthew Bartolini, Head of SPDR Americas Research at State Street Global Advisors. We discuss the market outlook and investing strategies for 2024.
Stocks and bonds have soared lately as investors are becoming increasingly confident that the Fed will cut interest rates earlier and faster than expected. Can the Fed pull off a soft landing, or is the market getting ahead of itself?
US large-cap growth stocks’ gains in 2023 were driven mainly by multiple expansion, and with earnings expected to rebound in 2024, these stocks could continue to do well. Additionally, the momentum driven by AI-related factors might persist, offering growth prospects in 2024.
Investors should favor high-quality companies with strong pricing power, stable earnings, and healthy balance sheets, as market volatility is likely to move higher amid diminishing fiscal and monetary stimulus.
The SPDR NYSE Technology ETF XNTK holds 35 leading technology companies in equal weights and therefore avoids too much concentration in the “Magnificent Seven” stocks that have already surged a lot.
The SPDR MSCI USA StrategicFactor ETF QUS follows a multi-factor strategy that blends quality, value, and minimum volatility. Apple AAPL, Microsoft MSFT, NVIDIA NVDA and Meta Platforms META are among its top holdings.
The SPDR S&P Dividend ETF SDY selects companies that have consistently increased their dividend for at least 20 consecutive years.
With the recession probability and mortgage rates declining, housing and home retail stocks could see momentum next year, driven by a resilient consumer. Further, homebuilders are currently trading at a much wider than usual discount to the S&P 500 Index.
Defense stocks could benefit from strong bipartisan support in Washington and rising geopolitical risks. However, defense spending could extend to advanced technologies with the emerging threat of AI and increased cyber warfare.
Take a look at the SPDR® S&P® Homebuilders ETF XHB and the SPDR S&P Aerospace & Defense ETF XAR.
Tune in to the podcast to learn more about these ETFs.
Make sure to be on the lookout for the next edition of ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com.
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Apple Inc. (AAPL) : Free Stock Analysis Report
Microsoft Corporation (MSFT) : Free Stock Analysis Report
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
SPDR S&P Homebuilders ETF (XHB): ETF Research Reports
SPDR S&P Dividend ETF (SDY): ETF Research Reports
SPDR S&P Aerospace & Defense ETF (XAR): ETF Research Reports
SPDR MSCI USA StrategicFactors ETF (QUS): ETF Research Reports
SPDR NYSE Technology ETF (XNTK): ETF Research Reports
Meta Platforms, Inc. (META) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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