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Exponential curves for investments burn out, often with a pop. But they can last longer than imagined.
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Advisers say fixed income still has a place in a diversified portfolio, despite a global bond market rout.
Key PointsCEO Michael Fiddelke is pursuing a multi-year turnaround centered on merchandising, guest experience, and technology.
The Aussie Dollar retreats some 0.29% against the US Dollar on Tuesday as the escalation of the Middle East conflict boosted the Greenback due to its haven appeal. The AUD/USD trades at 0.7146.
U.S. Treasury Secretary Scott Bessent also urged central bank Gov. Kazuo Ueda to anchor inflation expectations and avoid excessive yen volatility through sound monetary policy.
