Author: Isabel Wang

A final look at how the U.S. stock market performed under Joe Biden

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U.S. stocks closed out Joe Biden’s era on a high note as the president bids farewell to the White House. 

The 46th president of the United States is bringing his time at the White House to a close with the S&P 500 SPX up over 55% since he took office on Jan. 20, 2021. The Dow Jones Industrial Average DJIA advanced more than 39% over the same period, while the tech-heavy Nasdaq Composite COMP jumped nearly 46%, according to Dow Jones Market Data. 

Consider flipping your 60/40 portfolio to 40/60 as bonds become more attractive than stocks

Written by Isabel Wang on . Posted in Penny Stocks. Leave a Comment

This post was originally published on this site

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It’s no longer the glory days for the classic 60/40 investment strategy. 

The U.S. stock market was getting crushed by a sharp selloff in the first full trading week of the new year, as rising Treasury yields weighed on some of the largest technology companies amid concerns that President-elect Donald Trump’s future tariff policies could complicate the Federal Reserve’s plans to continue cutting interest rates in 2025. 

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