Fallen Angels came back strong during the COVID crises, but yields are thin in high yield or junk bonds. Higher interest rates could hit these bonds again.
Facebook, the social media giant that runs its own site along with Instagram and WhatsApp, changes its name to Meta, a term used to describe a virtual universe. Billions of dollars will go into the development of this platform. Certain ETFs and other stocks are well positioned to take advantage of the new terrain.
Apple and Amazon earnings disappoint, but the market reacts bullishly.