Wow- the Federal Reserve basically waved the white flag today. They changed their tune- at the last meeting they said there’s a chance they raise rates further. Now, they’re saying they’re relatively confident rates won’t go higher. I’m fact they spoke at length about interest rate cuts in 2024. Diversified portfolios KILLED IT TODAY. Stocks 🚀 Bonds 🚀 Gold 🚀 Real Estate 🚀 Cash ❄️- it’s been an uncertain environment driving record amounts of money market, high yield savings accounts (HYSA), short-term treasury investments and they DID NOT PARTICIPATE. In fact, they became less attractive, because if the Fed does cut rates in 2024, the yields on them will come down. To be clear, im NOT saying throw caution to the wind. I’m saying there’re ways to diversify a portfolio in a risk aware manner, so you have built in protection, without the use of cash or money markets or HYSA. Disclosure: past performance is no guarantee of future results. #thefed #federalreserve #diversify #diversification #stocks #stockmarket #investor #investing #wallstreet #financetiktok #financetok #finance #finance101 #jeromepowell #lifegoalnation #lifegoalinvestments