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BC-Money & Markets Digest

January 29, 2019

Money & Markets modules for Wednesday, Jan. 30

TODAY

The Federal Reserve delivers an update on its interest rate policy and view of the U.S. economy. Facebook and Boeing report quarterly results.

SPOTLIGHT

Harley-Davidson shares suffered their worst drop in a year after the iconic Milwaukee-based motorcycle builder posted a steep drop in profits amid a restructuring and tariff costs.

CENTERPIECE

From top dog to the doghouse

After head-spinning bouts of volatility rocked markets last year, it’s understandable for investors to seek out safer stock funds. But it’s important to remember that a fund which is top dog one year is often in the dog house the next.

STORY STOCKS

Pfizer (PFE)

Harley-Davidson (HOG)

GameStop (GME)

Corning (GLW)

Xerox (XRX)

3M (MMM)

Nucor (NUE)

Whirlpool (WHR)

FUND FOCUS

American Funds Interm Bond (AIBAX)

This fund’s profile “shines in periods of risk-off sentiment and low interest rates but lags peers when risk-on fervor returns,” Morningstar says.

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