Wall Street’s biggest bull wishes he\’d been a bigger bull
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
Best Free US Stock Signals for 2024
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:
Wall Street's high mark for stock market returns in 2024 keeps moving up.
Over the long run, the stock market has proved to be a superior wealth creator. Though commodities like gold and oil, along with housing and Treasury bonds, have produced positive nominal returns for investors, none of these other asset classes have come close to delivering the annualized returns that stocks have generated over the last century.
Alphabet (GOOG, GOOGL) is set to release quarterly earnings after the bell on Thursday, continuing a big week for US tech giants coming off a punishing run on Wall Street. The company is expected to offer updates on the race to turn massive AI investments into new revenue streams and the state of the massive digital ad market.