Crisis averted? Not so fast.Two big things impact stock prices: “The cost of money and earnings,” China has accounted for a full third of global growth since 2011, according to BlackRock. Meanwhile, 57 companies in the S&P 500 derive more than 10% of their sales from China, according to FactSet. The list is wide-ranging, from Apple and Microsoft to Nike, McDonald’s, and Tiffany & Co.
If you want a secure retirement, you can’t just save. You also need to make sure your investment portfolio keeps pace with inflation.