From Nasdaq:

In this episode of ETF Spotlight, Jon Maier, Chief Investment Officer at Global X, discusses the market outlook and thematic investment ideas for 2024. Global X offers 109 US listed ETFs, with over $43 billion in assets, including interesting ETFs in the thematic space. Most strategists were expecting a recession and lackluster stock market returns, but they are more optimistic for this year.

With the increasing correlation between equities and fixed income, many have questioned the relevance of a 60-40 portfolio. However, an improving backdrop for fixed income will help restore fixed income’s diversification benefits. A quality and low volatility tilted core is likely to benefit as we transition to slower economic growth and declining yields.

AI technology’s adoption and monetization will accelerate in the coming years, benefiting areas like cloud computing and cybersecurity. The Global X Robotics & Artificial Intelligence ETF, iShares Robotics and Artificial Intelligence Multisector ETF, and the Global X Artificial Intelligence & Technology ETF benefitted from the surge in the shares of Nvidia and other AI related stocks.

Other thematic ETFs to watch include the Global X Cloud Computing ETF, which holds companies positioned to benefit from the increased adoption of cloud computing, and the Global X Cybersecurity ETF and the iShares Cybersecurity & Tech ETF, which invest in companies benefiting from rising spending on cybersecurity solutions. Do your research to learn more!

Stay ahead with Zacks’ free Fund Newsletter for top news, analysis, and top-performing ETFs delivered to your inbox weekly. Get it free here: https://www.zacks.com/registration/newsletter/?type=FND&adid=SYND_NASDAQ_ZU_FUNDSNEWSLETTERMONEYSENSEEDCETF_ETFSPOTLIGHT_01042024&cid=CS-NASDAQ-FT-etf_spotlight-2205891

For more information, download 7 Best Stocks for the Next 30 Days, and access free stock analysis reports by visiting the following links: NVIDIA Corporation (NVDA), Palo Alto Networks, Inc. (PANW), Global X Robotics & Artificial Intelligence ETF (BOTZ), Global X Artificial Intelligence & Technology ETF (AIQ).

To read the full article, visit Zacks.com here: https://www.zacks.com/stock/news/2205891/2024-market-outlook-thematic-etf-ideas?cid=CS-NASDAQ-FT-etf_spotlight-2205891



Read more: 2024 Market Outlook & Thematic ETF Ideas