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U.S. Funds Focus On Media Stocks, Banks To Find Value As Mid Caps Rally (JDPAX) - (HWWAX) - (CHTTX)

TedTed
edited March 2019 in The Bullpen
FYI: The S&P 400 Mid-Cap index has surged to its best start to a year since 1991, both rewarding fund managers and forcing them to work harder to seek out bargains in a group that is now the most expensive part of the U.S. market based on their historical averages.

The rally in mid-cap stocks - companies with a market valuation between $2 billion and $10 billion - has come during a broad rally in global stock markets as investors price in a resolution in the trade talks between the United States and China and fewer interest rate hikes by the Federal Reserve.
Regards,
Ted
https://www.reuters.com/article/usa-stocks-weekahead/rpt-wall-st-week-ahead-u-s-funds-focus-on-media-stocks-banks-to-find-value-as-mid-caps-rally-idUSL1N211293
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