Gold Firms Above $1,700/oz on Hopes of Less Aggressive Fed
Gold prices held above the key $1,700 per ounce level on Monday, as hopes that the Federal Reserve might slow the pace of rate increases.
Gold prices held above the key $1,700 per ounce level on Monday, as hopes that the Federal Reserve might slow the pace of rate increases.
Recent synchronized selloff in stocks and bonds has crushed one of the most popular strategies for long-term investors: the 60/40 portfolio.
(Bloomberg) - Investors bracing for a recession jolt accelerated their retreat from stocks after the Federal Reserve warned it won’t be easily deterred in its fight against inflation, Bank
Putin’s war in Ukraine and the global energy crisis have dramatically altered that playbook when it comes to investing in big name tech companies.
Fidelity: Investors should review their portfolio and its asset allocation and consider tactical adjustments. Economy has moved into late phase cycle.
Meme stocks are gambling vehicles more than anything else, though the speculative bets can still be a small part of younger investors’ portfolios.
Many traditional rules of thumb, including the 60%/40% stock-to-bond portfolio, are becoming somewhat obsolete.