Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, slashed her year-end S&P 500 projection to 2,890 from 3,000.
Traditional TDFs fail to sufficiently protect savings during market corrections.
Clients can get a nice boost in yield by putting cash positions into bond funds with short maturities, but understand the risks.
Equities, bonds and the dollar are showing anything but trust in the president's stewardship.
The asset manager completed its acquisition of Guggenheim Investments’ $39 billion ETFs, it announced Monday, and already it’s slashing fees on some of those funds as it looks to lure new assets.
Investors seek refuge in safer bonds, pulling money out of high yield and putting it into Treasury funds.