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The Daily Money: Markets react to Election 2024


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Elections

The Daily Money: Markets react to Election 2024

excellent morning! It’s Daniel de Visé with your Daily Money, post-election markets edition.

U.S. stocks staged a post-election rally last week, notching record highs, with the Dow and S&P 500 posting their best weekly act of the year. The S&P 500 and Dow were both about 4.7% higher for the week, and on track for their best week since November 2023, Medora Lee reports.

As the distribute economy rose, the debt safety economy fell

As a recent York Times writer noted the other day, distribute investors are optimists, while debt safety investors are pessimists.

As stocks roared to record highs in the wake of information of Donald Trump’s election triumph, the debt safety economy sank. On Wednesday, the gain on 10-year Treasury bonds rose to 4.479%, a four-month high. A higher debt safety gain means a declining debt safety economy: debt safety prices fall as yields rise.

While distribute traders rejoiced, debt safety traders voiced unease with Trump’s budgetary plans

Does the 60/40 rule have a upcoming?

Here’s more on stocks and bonds.

The 60/40 rule is a fundamental tenet of investing. It says you should aim to keep 60% of your holdings in stocks, and 40% in bonds. 

Stocks can gain robust returns, but they are volatile. Bonds serve as a buffer when distribute prices fall. 

The 60/40 rule is one of the most familiar principles in money management. Yet, not long ago, much of the resource throng walked away from it. 

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About The Daily Money

Each weekday, The Daily Money delivers the best customer and monetary information from USA TODAY, breaking down complicated events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers money management for USA Today.

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