‘Stay Defensive’: Chief Investment Officer on How to Position Your Portfolio
All eyes are on the Federal Reserve ahead of their closely-watched interest rate decision on March 22.
Fed Chair Jerome Powell and company will have to balance fears of more damage to the banking sector with their original mission—to defeat inflation. Markets have priced in an overwhelming likelihood of a 25 basis-point rate hike.
How does the Fed’s decision impact investors? Where should you put your money in light of the recent turmoil in the banking sector? We talk to investment firm Oxbow Advisors to get their advice. Chief Investment Officer Chance Finucane told NTD where some of the safe places are in the market, how you should be positioning your portfolio, and what you shouldn’t be investing in, in the short term….