BANK OF AMERICA: One of the most trusted defenses against stock-market crashes is on the brink of its demise. Here’s where to start finding alternatives.
|10/16/2019||Posted by BusinessMediaguide.Com under General World News||
- The 60/40 portfolio mix of stocks and bonds that serves as the benchmark for diversification “will not survive the 2020s,” according to strategists at Bank of America Merrill Lynch.
- They explained why bonds may no longer provide the defense that stock-market investors need in times of turmoil, and offered alternatives for yield seekers.
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It’s time to bid farewell to the 60/40 portfolio, according to Bank of America Merrill Lynch.