After the expansion: Are you ready for what might come next?

Diversification has been in hibernation during this bull market, but it may be coming out of its slumber

Time to read: 3 min

Assuming we don’t fall into recession during the next four months, July 2019 will mark a new record for the longest US economic expansion since the National Bureau of Economic Research started tracking economic cycles way back in the 1850s.  Throughout this expansion, holding assets other than stocks has come at a steeper cost in terms of underperformance. But while investors may be feeling frustrated by the results of their diversification strategies, I believe it’s important to examine what can happen in the years following an expansion. History tells us that this is when the benefits of diversification have been most apparent.

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Losses aren’t the only risk to worry about

Our balanced-risk approach is designed to manage the three main risks that all investors face

Time to read: 2 min

October greeted investors with steep stock market losses and a sense that risk had suddenly emerged after a relatively mild summer. But risk is always present for investors — and the possibility of losing money is just one form it can take. Below, I describe three principal challenges investors face, and the Invesco Global Asset Allocation team’s approach to managing those three risks.

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