FTEC News and Press, Fidelity MSCI Information Technology Index From 04/20/22

Hardware has the best value and quality scores of the sector. Telecommunication is overpriced by more than 40% relative to 11-year averages. Fast facts on FTEC. 8 technology stocks cheaper than their peers in April. For further details see: FTEC: Technology Dashboard...

MSCI announced proposed changes to its sector and subsector hierarchies last year and has just finalized the changes its stakeholders approved. Us and ex-US Stocks currently in the Information Technology Data Processing and Outsourced Services Sector are being moved to three different...

Markets have been exceptionally volatile since mid-November, as investors have digested the impacts of rising inflation, pending US Federal Reserve actions, the potential end of the COVID-19 crisis, and the tragic situation in Ukraine. In our strategy, we tend to emphasize higher-grow...

The broader equity categories turned in negative results in Q1. U.S. large-cap stocks, as measured by the S&P 500 Index, held up the best at a decline of 4.6%. Bonds performed worse than many of the equity categories, despite typically being viewed as a safe haven investment. In t...

Inflation expectations have kept the Federal Reserve center stage as they commenced their interest rate rising cycle in March. The war in Ukraine and Omicron’s spread in China impacted inflation and supply chains differently, but both delay supply chain normalization. Regar...

Stock markets fell in the first quarter as Russia’s invasion of Ukraine destabilized the growth outlook, amplified concerns about rising interest rates and unleashed geopolitical risks. While the conflict has created many uncertainties, we believe the impact of persistent infla...

There have been record numbers of new investors entering the market in the past two years, fueled by a variety of factors, not least of which is the greater ease and lower cost of doing so. According to a recent survey by Investing.com, 86% of new investors in 2021 plan to increase thei...

Follow the Money is a series of brief, information-rich posts that I will publish periodically but not on a fixed schedule. After rallying for 9 of the last 11 days, the S&P 500 went from down -13% to down just -3.4%. Growth has been hit hard by the slide in tech stocks this y...

Fundamentals always win out in the end, regardless of what style is trending. Volatility opens up opportunity in names that were previously out of reach. Our strategy summarized: clear buy/sell disciplines, a flexible asset allocation process, and a long-term perspective. Fo...

We believe that the Cybersecurity theme can help manage geopolitical risk in a portfolio, as well as idiosyncratic risk linked to companies’ product and supply chain weaknesses. We expect equity markets to be supported by negative real yields as high inflation persists. The...