The former president and current Republican nominee has insisted he has no plans on selling shares.
Emerging markets and commodities could also benefit from China's stimulus measures, he said.
Donald Trump, however, won the support of 53% of surveyed business owners.
In recent years, active fund managers have been battling outflows and squeezed margins.
The Atlanta Fed chief said he was encouraged by data showing inflation falling faster than expected.
The strategist reiterated his preference for large-cap stocks with a robust earnings outlook.
The Stoxx Europe 600 Index jumped the most in six weeks following the half-point cut.
Warren Buffett has offered no public explanation for his decision to pull back on the stock.
The strategist said that stocks are now pricing in more Fed easing.
The 128-year-old blue-chip index doesn't include Meta, Nvidia or Alphabet.
Investors are yanking billions of dollars from higher-fee active funds amid persistently high costs.
These chatbots will spit out the names of investments, emulating famed investors' personalities.
Portfolio manager Matt McLennan doesn't see U.S. mega-companies like Amazon as safe havens.
Wall Street traders are riding a rotation out of tech stocks that have contributed to most of this year's bull run.
Microsoft's stock has been pushed to new historical highs in the last several months.
Google's parent stock price has fallen more than 20% from a July peak.
The investment giant offered individual investors the chance to express their views on big shareholder issues.
Goldman's Broad AI basket is down 11% from its 2024 high.
A bank strategist says dividend stocks are a haven at a time of multiple market risks.
The so-called Magnificent Seven tech stocks have mostly slumped since July.