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The Risk of a Recession Is Growing
We're looking for a decline greater than two % compared to six months ago. We monitor that monthly, at money for the rest of us,. plus the benefit of having some dry powder, which can be cashed and moved into more attractive opportunities. This past week, we've been working on our up dated expected return assumptions for stocks, bonds and other asi classes. The last time we did this up date was in november. Things have changed. Six months ago, our long term expect ations for stocks with 6% Now it's six point nine%.