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People with bond and international stock funds have held their own, despite a shaky US stock market and the uncertainty and turmoil flowing from the White House.
ILLUSTRATION: PETER PHOBIA/NYTIMES
Jeff Sommer
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In these early days of the Trump administration, it has paid to hedge your bets.
The US stock market has been troubled. For one day two weeks ago, the S&P 500 was consigned to the dubious territory that Wall Street calls a “correction”, meaning that stocks had fallen more than 10 per cent from their peak. The market has climbed back a bit, but watching US stocks struggle day by day is a recipe for indigestion.
