News From Press Why gold is a good asset class now, as the US heads for a slowdown

Why gold is a good asset class now, as the US heads for a slowdown

Source: Moneycontrol Aug 23, 2023

As sustained positive economic data comes in from the United States, financial markets have been pulling back bets on the world’s largest economy falling into recession.

According to the latest Gross Domestic Product (GDP) estimates, the US economy is set to grow at an annualised rate of 2.4 percent in the second quarter of 2023, topping the 2 percent growth in the first quarter.

Click to read

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

7 best practices to keep your money safe from fraudsters

How can debt PMS fit in your investment portfolio?

Budget 2024: Will the indexation benefit on debt mutual fund be back?

Staggered bets in multi-asset MFs look apt amid bullish sentiment

India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report

Simplify investing: Allocate bulk of core portfolio to broad index fund

Sensex tops 80,000 level for the first time, what should be MF investors strategy?

Mutual Funds: What are passive funds and how do they simplify equity investing?

How does inflation affect your savings & investments?

Lights, Camera, Finance: 4 must-watch movies for money lessons

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS