3.1.2021

US companies struggle to impress investors despite upbeat results - Financial Times

"Markets have largely shrugged off US companies' positive earnings surprises this season -- a sign, analysts say, that the "cyclical rotation" from pandemic winners to reopening beneficiaries is in full swing."

 

Cathie Wood's Power in Some Stocks Is Even Bigger Than It Seems - Bloomberg

"A rough week for Cathie Wood is reminding Wall Street that Ark Investment Management has a lot of cash in not that many companies. In fact, the firm's dominance in some stocks may be even greater than it seems."

 

12 Stocks and Funds to Play the Coming Green Boom for Utilities - Barron's

"A squat power plant with smokestacks may not be what environmentally conscious investors have in mind when they go looking for stocks. Yet electric utilities are at the center of a seismic shift away from coal and toward wind and solar power over the next 15 years. That is expected to be a huge boon to both the environment and investors--and utility company stocks and funds are a cheap way to plug into this critically important transition."

 

As Yields Rise, Beware the Hidden Risks in Ultralong Bonds - WSJ

"Rising bond yields pose an outsize threat to one asset class in particular: ultra-long-dated debt."