One of the hallmarks of a robust long-term investing strategy is to build and maintain a diversified portfolio of great companies with strong underlying businesses. In this segment of Backstage Pass, recorded on Nov. 3, Fool.com contributors Trevor Jennewine and Brian Withers discuss this question, and Fool.com contributor Rachel Warren narrows it down to one unstoppable stock. Since the beginning of the pandemic, Congress and the Federal Reserve have taken different steps to stimulate the economy and stave off or shorten a recession, boost consumer spending. Collectively, Congress has authorized several rounds to the stimulus payments and the Federal Reserve has been buying $120 billion in government-backed bonds, which has been a combination of mortgage back securities and treasury debt, $120 billion each month. Read More...
One of the hallmarks of a robust long-term investing strategy is to build and maintain a diversified portfolio of great companies with strong underlying businesses. In this segment of Backstage Pass, recorded on Nov. 3, Fool.com contributors Trevor Jennewine and Brian Withers discuss this question, and Fool.com contributor Rachel Warren narrows it down to one unstoppable stock. Since the beginning of the pandemic, Congress and the Federal Reserve have taken different steps to stimulate the economy and stave off or shorten a recession, boost consumer spending. Collectively, Congress has authorized several rounds to the stimulus payments and the Federal Reserve has been buying $120 billion in government-backed bonds, which has been a combination of mortgage back securities and treasury debt, $120 billion each month.
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