Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.
The U.S. economy expanded at its fastest clip in over five years during the third quarter, according to the Commerce Department’s initial reading on GDP. Yet despite a barrage of robust data, Treasury bonds staged a surprise rally in October.
Novartis, Mitsubishi and Canadian Natural are examples of companies in developed markets outside the U.S. that pass screens for high dividend yields and low volatility for prices and earnings.
U.S. manufacturers in October pumped out the most goods — plastics, computers, electrical equipment and so forth — in five years as a growing economy and a revolution in artificial intelligence stoked demand.
