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Famed 60/40 Stocks-Bonds Portfolio At 14-Month Drawdown, Says Market Strategist: Longest Since Financial Crisis'
Monday, February 27, 2023 - 9:00am | 374Charlie Bilello, Chief Market Strategist at CPI Wealth, pointed out that the famed 60/40 portfolio comprised of U.S. stocks and bonds is currently at a 14-month drawdown. "A 60/40 Portfolio of U.S. stocks/bonds is currently in a 14-month drawdown, 14% below its all-time high," Bilello tweeted. Also...