Good morning.
If the economy is headed for recession, where should you put your money? That’s the question addressed by Fortune’s new Quarterly Investment Guide, which you can read this morning here.
For the first time in a long while, we look at how to make meaningful returns from money market funds and other near-cash vehicles, which now offer returns of up to 5%. (See the best ones here.) Why take a risk in the stock market if you can get risk-free returns like that?
Experts caution against an all-cash strategy, however, saying it’s the equivalent of trying to time the market. At some point, stocks will shoot up, and if you aren’t in the market when that happens, you’ll miss out on the action. So here are some strategies for picking the best stocks. And if you believe we boomers are less qualified to give investing advice than younger folk, here are 10 stocks highly favored by Gen Z.
Separately, I spent a day this week in Montgomery, Ala., visiting The Legacy Museum and the National Memorial for Peace and Justice with a group of corporate executives, courtesy of Fortune’s partners at EVERFI. The museum and memorial were the brainchild of Bryan Stevenson and created to commemorate the experience of Black people in America. It’s an immensely moving pair of exhibits, and one I would recommend to everyone who manages people. An immersive mix of words, images, data graphics, and video conveys the injustices inflicted on Black Americans over the last 400 years—flowing seamlessly from the slave trade to Jim Crow-era lynchings to modern mass incarceration and police killings. Experiencing it won’t make you “woke”—but it will awaken you to a powerful truth shaping modern American life.
More news below.
Alan Murray
@alansmurray
alan.murray@fortune.com
