Reported about 9 hours ago
The recent bond market sell-off has raised questions about the effectiveness of the traditional 60/40 portfolio allocation strategy. Financial advisor Jamilah McCluney suggests that despite market volatility, this allocation remains viable. She emphasizes the importance of a diversified approach, highlighting sectors such as gold and utilities as potential safe investments. Additionally, while tax cuts may initially boost consumer spending, concerns about social program cuts and rising interest rates may create longer-term uncertainty.
Source: YAHOO