Will the US economy collapse? It’s a question on the minds of many Americans. In a nation divided and still reeling from the effects of a global pandemic and inflation, it’s easy to be uncertain about the markets.
The domestic and global economy in 2023 witnessed several significant shifts that have prolonged or seeded upcoming trends. High inflation, countered by interest rate hikes, has dramatically impacted how investors maintain their portfolios and consumer spending.
Investing in gold is often a strategy for specific economic periods. But as an expensive asset, there are pros and cons to adding it to your portfolio.
Portfolio strategies in 2024 may need to be more conservative and diversified to mitigate losses and preserve capital.
Retirement has been known to contribute to cognitive decline in older adults. However, it is possible to reduce the possibility of dementia.