The first trading week of July and 2024's third quarter was a wild one, but the big news doesn't stop there. Asking for a Trend Anchor Josh Lipton highlights the top headlines investors should pay attention to over the next week, including: President Biden's interview with ABC reporter George Stephanopoulos tonight, June's Consumer Price Index (CPI) and Producer Price Index (PPI) prints, fresh earnings reports from major banks JPMorgan Chase & Co. (JPM), Wells Fargo (WFC), and Citigroup (C). For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
Parnassus Investments, an investment management company, released the “Parnassus Value Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the Fund (Investor Shares) appreciated 10.17% outperforming the Russell 1000 Value Index’s 8.99%. Stock selection in the Information Technology and Communication Services sectors was the […]
Progressive (PGR) is poised to grow from its compelling portfolio, leadership position, strength in Vehicle and Property businesses, healthy policies in force, retention and a solid capital position.