Advisers suggest strategies for dealing with U.S. default

10/14/2013 | Reuters

Financial advisers, money managers and strategists doubt the U.S. government will default on its debts, but they say there are several steps investors can take to protect themselves if it happens. Advisers say investors can use inverse bond exchange-traded funds to bet broadly against the bond market or shift to short-term debt to reduce their vulnerability to increases in interest rates. Some advisers recommend modest purchases of gold.

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