Nebraska, an energy-producing state with a relatively low debt burden, jumped seven spots to the top the Conning’s 2024 ranking of all 50 U.S. states from a credit perspective.
In meme-stock rallies such as GameStop’s latest surge, “baseless speculation is misunderstood as strategy,” says Dan Raju, CEO of cloud-based financial-services provider Tradier.
The stock market could see upside peak this summer as investors fail to read signs of a slowdown and keep piling into stock markets, says JPMorgan strategist Marko Kolanovic.
In a stark reversal from the past decade, the stock market environment has become far more eclectic, with a diverse range of styles, sectors and regions outperforming this year, in what Goldman Sachs strategists have labelled a “pick and mix” market.