As Wall Street's confidence in a September interest rate cut from the Federal Reserve grows, Insigneo Chief Investment Officer Ahmed Riesgo believes it will come too late to offset a recession. Riesgo joins Market Domination to discuss what a recession could mean for markets and how investors should position their portfolios in preparation. "New money should not be deployed in the equity market right now, or if it is going to be deployed in the equity market, it should be deployed in highly defensive sectors like utilities (XLU), for example," Riesgo explains. He argues that utilities are a great way to not only play the defense side, but also the AI boom as demand for electricity increases. He adds, "the most attractive place to deploy money right now is in long-duration Treasuries and gold (GC=F) specifically." As the 2024 presidential race nears, Riesgo says, "prediction markets really haven't budged all that much. They're roughly still showing Trump with a 60% chance of winning the presidency and Kamala Harris sitting at around 40%. We think those odds are rational at this moment." However, he notes that there has been a difference in House races, explaining, "we think this is part of the reason why the Democrats made the move because of the down-ballot effects. I think there is going to be greater turnout and greater enthusiasm for Kamala than there was for Biden. And we think that's going to help down-ballot in the House races. So the House is, I would say, a bit of a toss-up right now, slightly favoring the Democrats." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

Gold (GC=F) has been leading the commodities trade in markets throughout 2024. Alex Ebkarian, Allegiance Gold Co-Founder and COO joins Wealth! to discuss ways for investors to participate in the gold market. Ebkarian outlines four different options for investors to get into gold: mining shares, futures and options contracts, ETFs, and the physical route. Each of these avenues offers unique advantages for potential investors. For first-time investors or those looking to enter the gold market, Ebkarian recommends asking oneself this question: "Do I care about exposure or do I want ownership?" For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

Gold (GC=F) is often referred to as a hedge against inflation and volatility. Gold has been hitting new highs in recent months, raising interest among investors for possible allocation to portfolios. Allegiance Gold co-founder and COO Alex Ebkarian joins Wealth! to give insight into what beginner investors looking to get into gold should approach adding it to their portfolios. Ebkarian starts with what to keep in mind for gold: "The Idea of gold is, number one, you want to be able to preserve your buying power, and then you want to look at the outlook." He explains that there are a number of factors driving gold prices higher, including the potential for future interest rate cuts and central banks buying the asset. In terms of allocations for gold, Ebkarian states: "According to The World Gold Council and the 'In Gold We Trust' report, what they've done is they've actually calculated over a long period of time, what is the proper allocation? And what they found is that a 15% allocation is an ideal fit. That does two things. Number one, it de-risks the portfolio. And number two, it enhances a risk-adjusted return." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino