Bond ETFs brace for a June rate hike
Plus: Millennials don't invest like the rest of us, mid-cap stocks to the rescue, and Big Pharma pulls a fast one
- Interest rates are still a long way from anything that could be considered normal, but with the Fed teasing out a rate hike next month there’s reason to be mindful of certain bond portfolios. You don’t have to banish bond ETFs.
- The millennials have an entirely different definition of investing. There’s a certain comfort in just outpacing inflation.
- Mid-cap stocks to the rescue. The S&P 400 Index is beating big- and small-cap indexes so far this year.
- Big Pharma’s clever move of using charities to conceal higher drug prices Not cool. That’s just a fraction of the total cost.
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