The following questions will give you a chance to self-evaluate, to think about what you’ve been learning in this course, and to draw your own conclusions about how you can apply critical thinking and agility in your life. Your answers may be used to determine how to improve the program for future students. Your answers will not be used for marketing purposes. Please respond in a paragraph of at least 5–7 sentences to fully address the questions. Be sure to use your own words!Why is it important to think critically and act with agility in all aspects of your life?How could taking time to develop plans and having financial well-being help you be more productive?

Prior to beginning work on this assignment, read in your textbook Jones, C. P., & Jensen, G. R. (2020). Investments: Analysis and management (14th ed.) Chapter 21, Managing Your Financial Assets, and Chapter 22, Evaluation of Investment Performance. To complete the assignment below you must firstPart 1: Final ReportFor this final report, you are to select ONE CLIENT from the list of four client profiles document attached and prepare a report.In your Client Portfolio Report,* Construct an investor policy statement (IPS) for your client.o State objectives.o State constraints and preferences.* Justify the IPS based on the life cycle approach.* Assess current expectations for the U.S. economy and its major sectors.o Defend your assessment with two scholarly sources.* Recommend two U.S. industries for current investment opportunities and identify one industry to sell short.* Compare key characteristics of these three industries.* Develop an investing strategy for the client investment portfolio.o Define the universe of securities to be considered for inclusion in the client portfolio.o Recommend one asset category to exclude from the client portfolio. Justify this recommendation.o Determine the asset allocation for the client portfolio according to the major asset categories in Table 21-1 (p. 569) of the textbook (located at the bottom of this word file).o Recommend a portfolio strategy of either buy-and-hold, constant mix, or constant proportion. Justify this recommendation.* Construct a portfolio to implement this portfolio and strategy. You may use individual equities, individual bonds, ETFs, and/or mutual funds.o You must invest at least 95% of the portfolio.* Once you have determined the security selections, execute this portfolio in Stock-Trak.* Include a table showing the chosen investments.o Categorize the investments on the table by asset class and style (e.g., equity, aggressive growth or fixed income, capital preservation, etc.).* Recommend an appropriate benchmark(s) for this portfolio.* Compare the identified benchmark(s) to the portfolio in terms of risk and expected returns.* Determine if the portfolio will be evaluated with respect to time- or money-weighted returns.* Determine how the portfolio will be evaluated in terms of risk and explain the measures of risk that will be used.ALSO PLEASE REVIEW ALL THE REQUIREMENTS BELOW WHICH ARE ALL MANDATORY!!Must be no less than five single-spaced pages in length (not including references pages).Must include an introduction and conclusion paragraph.Must be written for a professional setting.Must have all in-text citation formatted according to APA standards.Must use at least five credible sources including the textbook Jones, C. P., & Jensen, G. R. (2020). Investments: Analysis and management (14th ed.).Must include a separate references page that is formatted according to APA style.Have a title addressing each bulletin point aboveMust have an originality score of 20% or less.

Competency 3 - The Global EconomyCompetency 2 - The Federal Reserve, Government, and the Economy Part 2 Competency 2 - Reflection Assignment Content Reflection- This reflection activity is comprised of two sections collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts. Federal Reserve Analyze how changes in the Federal Reserve’s monetary policy affect at least 2 of the 4 components of GDP (e.g., consumption, investment, government spending, net exports). Justify your answer to the following question: Have the Federal Reserve’s countercyclical monetary policies been effective in moderating business cycle swings? Government Intervention Government interventions into markets can sometimes succeed, but sometimes they make the situation worse. Explore 2 examples of government intervention that did not work. Explain why the intervention made things worse and what could have been done differently to improve the situation. Support your analysis by including: What the situation was What the intervention sought to solve What happened What might have been done differently Competency 3 - The Global EconomyPart 2 Competency 3 - Reflection Reflection- This reflection activity is comprised of two sections collectively totaling a minimum of 500 words. Complete your reflections by responding to all prompts. Exchange Across International Borders The success of an economy in effectively employing the four factors of production determines how well that economy performs relative to its potential and relative to other economies. Address the following: Evaluate non-monetary benefits that open trade has contributed to the world since the end of World War II. Provide at least 2 examples of the above benefits and explain why you believe each is important. Analyze how changes to U.S. trade and tariff policies affected U.S. trade with other nations. Support your responses with recent (less than 2 years old) credible news sources. The Global Role of the US Economy Consider that some politicians, labor unions, and special interest groups argue that U.S. trade deficits are harmful to the economy, and nations that run large trade surpluses with the United States are benefiting from unfair trade practices and agreements. These parties support increasing tariffs on imports and eliminating or rewriting trade agreements. Analyze 2 credible economists’ opinions on the effects of 2 of the following factors with respect to the total U.S. trade balance. Find 1 economist who is less concerned about trade deficits, who thinks they are less important, or that they mean something else is good (U.S. consumers have more disposable income for example). Then, find another economist who is more concerned (he or she may see a trade deficit as having adverse employment effects, for example). Weigh in their different perspectives, and state whether you agree or disagree with their assertions, providing the logic behind your thinking. The factors to analyze include: Tariffs Changing trade agreements Manipulating exchange rates