After Jerome H. Powell, the Federal Reserve chair, suggested this month that the Fed would cut interest rates, the stock market hit new highs . That buoyed investments, but signs of slowing economic growth persisted, as did the fear that it may be too late to stave off another recession. And though traders have been doing well, lower-than-expected wage growth, underperforming bond yields, trade wars, climate change’s effect on resource scarcity, Brexit and geopolitical tensions are leaving long-term investors still wondering: What’s the best way to stay financially stable? It includes coverage of some successful mutual funds and exchange-traded funds. It also highlights intellectual pitfalls that might hinder investors’ judgments, and how best to avoid them.

Source: International New York Times July 15, 2019 19:30 UTC