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11/04/2023
Using the S&P 500 and Bloomberg U.S. Aggregate Bond Index as proxies for stocks and bonds, the 60/40 portfolio has been performing well in the last two quarters, according to asset allocation strategist Barry Gilbert from LPL Financial.
To achieve your investment objectives, it's important to carefully allocate your investments across stocks, bonds, and cash, taking into account the potential risks and rewards of each category.
08/04/2023
“Hiring cooled in the U.S. in March, but the labor market remained strong enough to justify a final quarter point rate hike from the Fed in May,” said Katherine Judge, senior economist at CIBC.
The U.S. economy added 236,000 jobs last month, and the unemployment rate fell to 3.5% from 3.6%.
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