The stock market is experiencing wobbles, according to recent data. On Tuesday, it declined by 1.1%, eroding the gains seen after the election. This decline has raised concerns about falling hiring rates and rising perceived prices in the service sector.
In light of this uncertainty, BlackRock suggests using gold, bitcoin, and buffer ETFs as safety nets. These investments can provide a hedge against market volatility, helping investors navigate unpredictable times ahead.
The company’s warning comes at a time when President-elect Donald Trump is set to take office, leading to concerns about his leadership style. With four years of unpredictability on the horizon, investors may want to consider diversifying their portfolios with these risk-reducing assets.
Source: https://www.marketwatch.com/story/the-markets-wobbling-here-are-blackrocks-shields-for-the-biggest-risks-3927139e