Reported about 1 month ago
Kurt Reiman from UBS Global Wealth Management advises investors to prepare for increased market volatility surrounding the upcoming election. He suggests avoiding large portfolio changes but recommends considering tactical adjustments such as investing in gold, which serves as a hedge against volatility, and the utilities sector, which can benefit from rising AI demand. With a potentially contested election outcome that may take weeks to determine, making more measured investment decisions can help insulate portfolios during this uncertain period.
Source: YAHOO