“No longer all-in on Tesla,” the billionaire posted Saturday on X.
Trump's election win caused Treasury bonds to tumble while it pushed up stocks, the dollar and bitcoin.
Appetite for US equities has shown no sign of abating this year.
Wall Street strategists are generally optimistic about the outlook through the rest of the year.
Fidelity's Blue Chip Growth Fund boosted its stake in X by more than 32%.
U.S. large caps are edging toward their best year versus the rest of the world since 1997.
The Permanent Portfolio has a 40-year track record of protecting and growing investor assets.
Direct indexing is expected to grow assets to $1.1 trillion by 2028, according to S&P Global.
The S&P 500 has climbed 26% in 2024, making numerous record highs.
The straightforward pitch of these funds has become irresistible at a time when other income sources are vanishing.
The 2024 election will hasten some trends already underway, the firm says.
The profit outlook for the group is converging with the rest of the S&P 500, but their valuations are not.
Clients might love you, yet there are times they don't listen to you.
With its new tax-optimization product, the firm wants to go beyond offsetting capital gains.
The Citadel founder cast doubt on two of the president-elect's most loudly heralded policy plans.
It said the gains will move beyond the popular Big Tech leaders.
The firm is generally positive but concerned about the return of inflation.
The economist said 60/40 portfolios are bracing for pain with Donald Trump's tariff plan.
Schwab's chief investment strategist and other panelists see potential for “a huge surge in inflation.”
Rob Marshall-Lee has been able to generate U.S. stock market-like returns with emerging-market companies.