FROM USABUSINESSRADIO.COMRecently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Adam Shapiro. Shapiro is an anchor at YAHOO! Finance and is now on the Price of Business show weekly.
The two covered several issues, including:
Morgan Stanley recently warned investors that the return over the next decade on a traditional 60/40 balanced portfolio (60% stocks / 40% bonds) would only be half of what it has been historically. Roughly 4.9% annually prediction is that it will fall to 2.8% annually in the 2020s. So what does that mean for someone in their 30s, or 40s vs someone in their 50s or 60s?
Also Market has killed fears of recession moving toward the end of the year and with a China phase 1 trade deal in sight, now may be the time to prepare for more stock gains as well as bond yields climbing.
They also discussed some major plays by individual companies, such as by Walgreens, HP, and Xerox.
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www.usabusinessradio.com/adam-shapiro-of-yahoo-finance-discusses-recent-wall-street-rally-and-more/
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