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It’s no longer the glory days for the classic 60/40 investment strategy.
The U.S. stock market was getting crushed by a sharp selloff in the first full trading week of the new year, as
rising Treasury yields weighed on some of the largest technology companies amid concerns that President-elect Donald Trump’s future tariff policies could complicate the Federal Reserve’s plans to continue cutting interest rates in 2025.
This post was originally published on Market Watch
