BC-Money & Markets Digest
Money & Markets modules for Wednesday, Jan. 30
The Federal Reserve delivers an update on its interest rate policy and view of the U.S. economy. Facebook and Boeing report quarterly results.
Harley-Davidson shares suffered their worst drop in a year after the iconic Milwaukee-based motorcycle builder posted a steep drop in profits amid a restructuring and tariff costs.
From top dog to the doghouse
After head-spinning bouts of volatility rocked markets last year, it’s understandable for investors to seek out safer stock funds. But it’s important to remember that a fund which is top dog one year is often in the dog house the next.
American Funds Interm Bond (AIBAX)
This fund’s profile “shines in periods of risk-off sentiment and low interest rates but lags peers when risk-on fervor returns,” Morningstar says.
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