Christopher Marangi, of Gabelli Funds, says making big predictions is tough, but there are plenty of reasons to be hopeful about the broader economy.
While 2026 is now well underway, investors are still trying to make sense of a market marked by volatility, political uncertainty and big questions about what comes next. Christopher Marangi, of Gabelli Funds, says making big predictions is tough, but there are plenty of reasons to be hopeful about the broader economy.
"I don't know I'd call it rosy, but we're cautiously optimistic for the year," he says. "In general, there's an enormous amount of fiscal stimulus, some of the tax cuts which are coming into play, as well as some other economic stimulus that should provide a tailwind to the broader economy." Marangi says the biggest mistake everyday investors can make is to try to outsmart the market or chase hot trends right now."You don't put all your eggs in any particular basket," he says. One area he is particularly bullish on right now is sports and live entertainment, which he says has held up -even as other parts of the economy face pressure., giving everyday investors a way to own pieces of sports teams, leagues and businesses that support live events. "One area that's not changing, the need for togetherness, the preference for experiences over things," he says. If you have a consumer issue you want Tara Rosenblum to look into, you can reach her by
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Only 3 Christopher Nolan Movies Are Better Than 'The Dark Knight'The Joker in an interrogation room in The Dark Knight.
Read more »
The Silent Counterparty: How Cognitive Biases Erode Capital in Financial MarketsThis article explores the detrimental impact of cognitive biases on trading performance, emphasizing how these subconscious tendencies can lead to significant financial losses. It delves into specific biases like confirmation bias, loss aversion, recency bias, overconfidence, and anchoring, explaining how they manifest in trading decisions and strategies. The article highlights the importance of self-awareness, emotional discipline, and recognizing biases early to mitigate their negative effects. It highlights the dynamic nature of markets and how market changes can turn a profitable strategy into a losing one.
Read more »
Dawn Staley says leading topic in recruitment is financialSouth Carolina coach Dawn Staley says the biggest question when it comes to recruiting now is how much a commitment will cost the program financially.
Read more »
USPS to Impose Fuel Surcharge Amid Rising Costs, Facing Severe Financial ChallengesThe U.S. Postal Service will implement a fuel surcharge on package deliveries for the first time due to rising fuel costs. The agency is also facing a financial crisis with potential cash shortages and the need for significant reforms, including higher stamp prices, increased borrowing, and cost-cutting measures. This surcharge comes as the agency reports substantial net losses and faces declining mail volume and limitations on borrowing capacity.
Read more »
He Helped Stop Iran from Getting the BombDavid D. Kirkpatrick tells the unknown story of a former C.I.A. officer who recruited scientists as part of the United States’ effort to disrupt Iran’s nuclear program.
Read more »
Stop pretending the Iran war wasn’t necessaryTrump’s choice was not between war and peace, but between acting now or confronting a far more deadly Iran later.
Read more »