Diversified Digest: June 12
by: R. Samuel Fraundorf
Diversified Trust’s investment team brings you headlines of note for the week. Click on the links to access the articles.
U.S. equities have certainly been on a run, and we have seen the S&P 500 being led by a number of major technology companies, including Apple, Alphabet and Amazon. In fact, technology accounts for its largest share of the S&P 500 since 2001 . . . anyone remember the tech bubble?
President Trump’s thoughts on the U.S. as a policeman to the world may be more impactful to global oil consumption than his decision to leave the Paris Accord. Naval power as a public good is not a normal state, based upon history, and failure to support global shipping could most impact oil.
Big brother is not only watching, but may be trying to influence your behavior by how it interacts with you. Just ask Uber.
You remember when your parents told you first impressions matter? Like most things, it seems they were right; even when presented with facts, we are still reluctant to change our minds from what we first learned.