In the News
Title
Why Gen X-ers and Millennials Should Avoid Bonds Even in a Downturn
Featured Faculty
Robert R. Johnson
Document Type
Article
Publication Date
1-19-2016
Abstract
Despite the tumultuous start to the stock market this year with massive declines in all three major indexes on Friday amid global fears of an economic slowdown, Generation X and Millennial investors should avoid adding bonds to their portfolios.
The markets took a nosedive dive with the Dow Jones Industrial Average dropping by 522 points on Friday at one point as it dipped below 16,000 and the S&P 500 index entering correction territory, falling more than 3% midday, wiping out the mini rally from the previous day.
Recommended Citation
Chang, Ellen, "Why Gen X-ers and Millennials Should Avoid Bonds Even in a Downturn" (2016). In the News. 970.
https://digitalcommons.theamericancollege.edu/news/970