Wednesday links: taking risk off the table
Markets Chip stocks are off their highs. (axios.com) Options volume is back to Covid-era highs. (wsj.com) Concentration is not just a U.S. phenomenon. (mrzepczynski.blogspot.com) Earnings Corporate profit margins are at record highs. (axios.com) This bull market is an earnings story. (chartkidmatt.com) Strategy Given the run in equities, your portfolio may be out of balance.…
Markets have retreated from their recent highs, with chip stocks falling and options trading resuming levels last seen during the Covid pandemic. Concentration of assets is not exclusive to the United States. Corporate profit margins have hit record levels, indicating that this bull market has been driven by earnings growth. Investors may need to rebalance their portfolios, as equities have appreciated significantly.
Berkshire Hathaway has increased its ownership in the software company Bending Spoons. Skydance Media's shares have experienced a sharp decline. The FIFA organization is considering using its reserves to pay national governing body fees. Concerns exist about inflation becoming entrenched in the economy, with September's CPI report indicating higher energy prices as a major driver.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
