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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
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.
