Thomas Shelter

Thomas Shelter has been a keen follower of US politics for over two decades. His reporting for Congress.net primarily focuses on legislation, party politics, and business news.

JPMorgan Strategists Say Tech Stocks Face Prolonged Back Seat As Market Rotation Widens In 2026

JPMorgan strategists are signaling that technology stocks are unlikely to reclaim their dominant market position for the remainder of 2026. The bank’s analysts point to a broader shift in investor sentiment, with capital flowing away from high-growth tech names toward other sectors of the market. Gabriela Santos, JPMorgan Asset Management’s chief market strategist for the…

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AST SpaceMobile (ASTS) Gains Overnight As Japan Rakuten Launch Approaches And Guinness Record Boosts Confidence

AST SpaceMobile (ASTS) shares climbed 2% overnight Sunday after a regulatory filing indicated that direct-to-cell satellite operations in Japan could begin imminently. The filing, submitted to the Federal Communications Commission last week, confirmed that AST SpaceMobile would launch non-U.S. direct-to-cell operations with its mobile network operator partners in the near term. Japan is the first…

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RTX (RTX), Crown Holdings (CCK), And Kaiser Aluminum (KALU) Emerge As Top Industrial Picks On Manufacturing Strength

The industrial sector has been among Wall Street’s strongest performers in 2026, with the State Street Industrial Select Sector SPDR ETF (XLI) gaining 14.5% year to date as of July 29. Investors have increasingly favored industrial companies as demand for infrastructure development, defense equipment, aerospace, electrical systems and factory automation stayed resilient despite an uncertain…

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Retiree At 75 Refuses To Let Portfolio Drop Below $1 Million — Experts Weigh In On The Strategy

A 75-year-old retiree is wrestling with a financial fear that many Americans approaching their later years will recognize immediately. The retiree, whose husband is 83, has shifted a once stock-heavy portfolio into CDs, bond funds, cash, and long-term-care insurance for both spouses. The couple carries no debt and makes a deliberate effort to live off…

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