A burst of market volatility is just starting, National Securities' Art Hogan warns

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Why the volatility burst may affect the market for weeks and what to do about it (via TradingNation)

But Hogan, who has spent almost four decades on Wall Street, and oversees $15 billion in assets, believes it's"Have a plan, stick to it, and have balance in the equity portion of your portfolio," he said. "Sticking to your plan is one of the best things you can do right now."

His best advice is to strictly rebalance the classic 60% stock and 40% fixed income portfolios on a quarterly basis. Hogan also advocates a barbell approach to investing right now."You've got those that seem to have worked so far that have free cash flow during the work from home environment," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation

TradingNation If you spent a dollar every second, it would take 31,689 years to spend a trillion dollars. The Federal Reserve only created 900 billion dollars between 1914 and 2007. It has created three times that much money, $2.8 trillion, just since January 1st in 2020.

TradingNation

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live Friday: Dow up 477, Stocks still lose 5% on week, volatility is back“The economy isn’t going to be the same economy we knew before,” Carlyle’s David Rubenstein says. “Economies evolve.” Whatever it is it will be great Funny because the stock market seems to think otherwise. Oh wait. I forgot. The FederalReserve is printing money to buy stocks. David is taking this call from his dining room in McLean, VA I know because I have been in that room. Humble brag
Source: CNBC - 🏆 12. / 72 Read more »