For subscribers
Why you should take a hard look at your investments now
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It is important to pay attention now because without rebalancing, there’s a good chance you are taking on risks that you may not want to bear.
PHOTO: AFP
Jeff Sommer
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All eyes were on the Federal Reserve even though the central bank essentially did nothing in its latest meeting but hold interest rates high to fight inflation, just as it has done for many months.
To be fair, there was a little news: The Fed did appear to affirm the likelihood of rate cuts starting in September, and that’s important. But so are the big performance shifts in the market, away from high-flying tech stocks like Nvidia and towards a broad range of less-heralded, smaller-company stocks. In fact, there’s a great deal to think about once you start focusing on the behaviour of the markets and the health of the economy in an election year.
