Investing playbook for stocks, commodities, crypto after Fed meeting

📆 17/06/2021 13:02:00
📰 BusinessInsider

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The Fed has left rates steady while signaling 2 potential hikes by the end of 2023. Here is what to do with your stocks, bonds, and digital assets, according to top Wall Street and crypto investors.

, the chief investment strategist at $968 billion PGIM Fixed Income, said he noticed that although the Fed responded to stronger growth and inflation, the 30-year Treasury yield was barely changed Wednesday as investors expect earlier tightening to control inflation in the long run.

Tipp recommends fixed-income products such as high yield bonds with long duration for investors who can stomach the risk, and intermediate- to long-term products for risk-averse investors as a higher-yielding substitute than cash.

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Wow, alot can happen with inflation in 2 years..

I'm not concerned about rate hikes 2 years from now that may never happen.

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