How a Brexit will hit U.S. stocks
Plus: The Fed moves bonds, the downside of diversification, and don't rule out a staycation this summer
- If the U.K. pulls the trigger on its departure from the European Union, the fallout could hit certain U.S. stocks that you might already own, or maybe should own. Stay nimble. A couple dozen stateside companies with substantial sales in Britain are all set for a bump higher.
- The Fed’s latest rate-hike buzz is driving some mega-bond deals. Emerging markets.
- Is there a downside to diversification? You betcha. The cost of a free lunch.
- If the budget is tight but you still like a little summer fun, don’t overlook the joys of a creative ‘staycation.’ Change is as good as a holiday.
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