Asian stocks fluctuated as investors await U.S. inflation data and a crucial presidential debate between Kamala Harris and Donald Trump. The debate could influence fiscal policies and economic plans. Oil prices remained near three-year lows due to weak demand concerns, while the U.S. dollar stayed defensive.
ETMarkets Smart Talk: InCred Money’s CEO Vijay Kuppa explores the role of bonds, gold, and debt funds in modern portfolios
For conservative investors, or those nearing retirement, a higher bond allocation—around 50-60%—might be necessary to preserve capital. Younger investors or those with a higher risk