Vanguard went against tradition and suggested the strategy of "six shares of debt and four shares" to deal with policy risks. In view of the high interest rate and stock valuation, Vanguard Group suggested that investors establish defensive positions in the new year and increase their investment in bonds instead of stocks. The company's 2025 outlook lists the asset allocation model built by economists and portfolio teams, which allocates 62% of the funds to fixed-income securities and the remaining 38% to stocks. In contrast, the ratio of stocks to bonds in the traditional portfolio is 60% to 40%. Although the US economy is still strong, the stock market valuation is close to historical highs, which makes stocks more vulnerable to potential policy risks after Trump takes office. At the same time, interest rates may remain higher than those in the 2010 s, thus providing investors with stable income and more protection in the case of risk aversion.The Dow Jones Internet Composite Index reported 1159.70, up 0.85%.Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.
Ukrainian President Zelensky: (On the conversation between Russian President Vladimir Putin and Hungarian Prime Minister Orban) You should not talk about the situation in Ukraine without Ukraine.Bitcoin exceeded $99,000/piece, up 2.49% in the day.Market News: The US CPI report in November may suggest that the core PCE index, the inflation indicator favored by the Federal Reserve, may rise slightly to 2.9% in the last two months of 2024.
Bank of Canada Governor Mackler M: Monetary policy no longer needs to remain tight. The job market is still weakening. Officials will adopt a more "gradual" interest rate policy.Canada's 10-year bond yield recovered its early decline, rising by 1.1 basis points to 3.030%.Hershey's share price fell by about 4%.