With volatility ahead, invest in the Mag 7: Portfolio manager

David Wagner News

With volatility ahead, invest in the Mag 7: Portfolio manager
Market VolatilityRecession FearsAptus Capital Advisors
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Market volatility spurred by recession fears rocked the tech sector last week, causing large-cap names to come under pressure. Aptus Capital Advisors...

Market volatility spurred by recession fears rocked the tech sector last week, causing large-cap names to come under pressure. Aptus Capital Advisors portfolio manager David Wagner joins Wealth! to discuss the state of the tech industry sa recession fears circulate.

While the safe move 10 years ago was to invest in staples like utilities, Wagner believes it is now in AI tech names:"The amount of profit margin and, that's where the flow of capital is going to go if investors are looking for safety. And so if you think that there's going to be volatility in the market, not just here in the near term, but over say the next three to four months, I'd be putting my capital in the Mag Seven.

Um As we're thinking through the earnings calls that have already taken place, I have one note in my inbox.Uh and, and all of this looking at the amount of mentions on recessions and earnings calls here and companies are talking less and less about recession on earnings calls looking at and charting even back to 2006 at this juncture.

SAN JUAN, Puerto Rico — Tropical Storm Ernesto battered the northeast Caribbean on Tuesday as it took aim at Puerto Rico, where officials closed schools, opened shelters and moved dozens of the U.S. territory's endangered parrots into hurricane-proof rooms.Google’s Pixel 9 Pro Fold is here, evolving the company’s foldable phone formula from the lineup’s debut a year ago. Let’s look at how its specs and features compare to its most direct rival, the Samsung Galaxy Z Fold 6.

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