It’s still jaw-dropping to look at the chart of asset performance in 2022. The dot for 2022 is way over to the left — that is, signaling a year in which both stocks and bonds plummeted in value. “This breakdown in correlation was disconcerting for many investors and led some to question whether the 60% stock/40% bond portfolio still had merit as an investment tool,” says Roger Aliaga-Diaz, head of portfolio construction. Read More...
Motley Fool
Why Verizon Rose Today
Shares of telecom giant Verizon (NYSE: VZ) were rising today, up as much as 3.3% before settling into a 2.5% gain on the day. While the markets were broadly positive, Verizon’s outsized gains were likely due to its CEO’s appearance at a Citigroup telecom and technology conference today, during which CEO Hans Vestberg had positive things to say about the recently concluded fourth quarter. Without giving too many details, Vestberg stated that the company saw positive net additions in the fourth quarter, and that store traffic had increased compared with prior periods.
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