Wealth Advisor | The Voice of the Financial Advisor Community

Featured

Goldman Sachs warning on Strait Hormuz: Countries could face oil shortages

The year’s second fiscal quarter is officially underway, and Big Tech is already facing a number of major challenges.

Gold’s recent drawdown has been sharp, but the strategic case remains intact for wealth advisors and RIAs evaluating long-term portfolio allocations.

Gundlach forecast that the market would “get back to a better place, but it’s just not going to bounce back in a V-shape back to January of 2020."

“Trying to call a peak in claims is like trying to call a peak in coronavirus or peak in the market: It’s a fool's game,” said strategist Belski.

Bloomberg Economics created a model last year to determine America’s recession odds. The odds of a recession now stand at 100%. What does that mean?

"It’s a time when previously cautious investors can reduce their overemphasis on defense and being to move toward a more neutral position," he says.