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Investing in Fine Art During a Recession
The Federal Reserve and the FDIC announced that after consulting with President Biden, Secretary Yellen, that the government would fully protect all depositors. Last year, the average 60-40 portfolio lost around 15%, according to the Wall Street Journal. By holding a variety of asset types with different return drivers, we can survive the financial turmoil that comes with a recession,. in a word, diversification.