
Wall Street ended lower yesterday, with the S&P 500 declining 1.16% and the Nasdaq Composite down 1.14% as stronger-than-expected retail sales stoked interest rate worries; meanwhile, Fitch warned of possible downgrades on dozens of banks. Amid this, the Big Short fame Michael Burry seems to be betting against Wall Street and the economy.
Hence, we think it could be wise to add quality ETFs, Vanguard FTSE Developed Markets ETF (VEA) and WisdomTree Europe Hedged Equity Fund (HEDJ), to your portfolio for diversification and stable returns.