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US Treasury Secretary Scott Bessent warns of 'detox period.' 3 ways to shockproof your portfolio.

Moneywise
Summary
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72% Informative

Treasury Secretary Scott Bessent warned that the ongoing efforts to cut back government spending would negatively impact the economy.

Despite efforts of Elon Musk to cut costs via the so-called Department of Government Efficiency , there is little evidence that government spending has been reigned in.

JPMorgan predicts an ounce of gold could reach an average price of $ 3,675 by the end of 2025 .

Masterworks enables retail investors to invest in blue-chip art from the likes of Banksy , Basquiat , and Picasso .

From their 23 exits so far, investors realized representative annualized net returns like 17.6% , 17.8% , and 21.5% (among assets held for longer than a year).

VR Score

65

Informative language

58

Neutral language

49

Article tone

semi-formal

Language

English

Language complexity

51

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not offensive

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not hateful

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Time-value

medium-lived

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