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Bloomberg Wealth: New Investing Ideas as Misery Replaces Mania

A trader on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as a protracted bear market looms, even if inflation cools.
A trader on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as a protracted bear market looms, even if inflation cools.Photographer: Michael Nagle/Bloomberg

From Wall Street to the crypto exchanges, bond markets to retail-trading platforms, the “vibe” in investing has undeniably shifted. It’s gone from mania to miserable. And it looks like the dour markets, high inflation and persistent uncertainty aren’t going away anytime soon. So much for my eternal optimism. 

But smart investing is all about taming your biases. That’s why, in this new (pessimistic) era, I’m happy to share with you our latest quarterly installment of the “Where to Invest” series. In it, six experts offer timely suggestions on where they would put $1 million right now. Even if you don’t have $1 million to invest — you won’t find it in my bank account — the themes discussed give investors at any price point some financial food for thought. (And stay tuned for upcoming editions, which include lower denominations such as $10,000 and $100,000.)