Wall Street rallies as US GDP falls for second consecutive quarter, raising recession risks; The ASX goes up

  • Post category:Economy
  • Reading time:5 mins read

The US economy has entered what some economists might define as a recession, but Wall Street stocks are booming and Australian stocks are following suit. Key points:The latest data shows…

Continue ReadingWall Street rallies as US GDP falls for second consecutive quarter, raising recession risks; The ASX goes up

portfolio allocation: Want to create long-term wealth? Here are Pradeep Gupta’s 5 rules for portfolio construction

  • Post category:Market
  • Reading time:9 mins read

“Investors need to define a solid asset allocation, between equities, debt and commodities, and then proceed to select the sub-categories within them,” says Pradeep GuptaCo-founder & Vice-President, Anand Rathi Group.In…

Continue Readingportfolio allocation: Want to create long-term wealth? Here are Pradeep Gupta’s 5 rules for portfolio construction