{"id":80657,"date":"2023-11-04T12:45:15","date_gmt":"2023-11-04T16:45:15","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/the-60-40-portfolio-got-us-in-trouble\/"},"modified":"2023-11-04T12:45:19","modified_gmt":"2023-11-04T16:45:19","slug":"the-60-40-portfolio-got-us-in-trouble","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=80657","title":{"rendered":"The 60\/40 Portfolio Got Us in Trouble"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"SB50101251953699943362304590309191110930052\">\n<p><strong>To the Editor:<\/strong><br \/>Yes, bonds are finally a viable option, but for years and years, they offered scant yield plus high risk when rates finally did take off (\u201cIt\u2019s Time to Stop Crying About Bonds and Buy Them Instead,\u201d Cover Story, Oct. 27). <\/p>\n<p>That didn\u2019t stop the wealth management industry from relentlessly pushing the portfolio of 60% stocks and 40% bonds, and now we\u2019ve seen the results.<\/p>\n<div class=\"paywall\">\n<p><strong>Brian Henry<\/strong>, <\/p>\n<p><strong>On Barrons.com<\/strong><\/p>\n<h2>Doing the Math<\/h2>\n<p><strong>To the Editor:<\/strong><br \/>I\u2019ve been around for a while, and this is the first time in my life where there has been a major geopolitical event without the dollar or Treasuries getting a bid (\u201cInvestors Are Worried About Government Spending,\u201d Oct. 27). It isn\u2019t that investors aren\u2019t taking the Gaza situation seriously; gold is up about $150 since this started.<\/p>\n<p>I suspect that investors are doing the math. Not only is our ever-expanding debt unsustainable, but also there\u2019s doubt as to whether it can be serviced short of monetizing it.<\/p>\n<p>Most people would regard the idea of swapping out Treasuries for gold as insane. <\/p>\n<p>As Ken Kesey pointed out in <em>One Flew Over the Cuckoo\u2019s Nest, <\/em>sometimes the insane is sane.<\/p>\n<p><strong>Gene Sweet<\/strong><br \/><strong>Chicago <\/strong><\/p>\n<h2>Wisdom of the Crowds<\/h2>\n<p><strong>To the Editor:<\/strong><br \/>Eighty-five percent of Big Money Poll respondents think the 10-year Treasury will be 5% or lower this time next year; 75% think the federal-funds rate will be 5.25%-plus; and yet only 46% bet that a recession will come in that time (\u201cBig Money Pros Are Split on the Outlook for Stocks. But They Are Fans of Bonds,\u201d Oct. 27). <\/p>\n<p>Let\u2019s see if the bear steepener has anything to say about this, or maybe the wisdom of crowds foresees a new curve-inversion clock starting next year.<\/p>\n<p><strong>David Johnson<\/strong><br \/><strong>Brooklyn, N.Y.<\/strong><\/p>\n<h2>Blanchflower\u2019s Research<\/h2>\n<p><strong>To the Editor:<\/strong><br \/>This was one of the most important and insightful interviews that <em>Barron\u2019s<\/em> has ever published (\u201cUnhappiness Is Consuming Young Americans. It Could Hobble the Economy,\u201d Interview, Oct. 26). <\/p>\n<p>Dartmouth College professor David Blanchflower\u2019s research on adverse childhood experiences has shed light on a critical yet often underestimated factor contributing to prevailing labor market challenges and generational economic malaise. <\/p>\n<p>Expanding coverage on the intersection of mental health and financial markets would greatly benefit <em>Barron\u2019s<\/em> readers, enhancing their understanding of this new economic landscape.<\/p>\n<p><strong>Rishi Jaggernauth<\/strong><br \/><strong>Ocean, N.J.<\/strong><\/p>\n<p><strong>Send letters to: <\/strong>mail@barrons.com. To be considered for publication, correspondence must bear the writer\u2019s name, address, and phone number. Letters are subject to editing.<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/the-60-40-portfolio-got-us-in-trouble-52672076?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To the Editor:Yes, bonds are finally a viable option, but for years and years, they offered scant yield plus high risk when rates finally did take off (\u201cIt\u2019s Time to Stop Crying About Bonds and Buy Them Instead,\u201d Cover Story, Oct. 27). That didn\u2019t stop the wealth management industry from relentlessly pushing the portfolio of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":67099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-80657","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The 60\/40 Portfolio Got Us in Trouble | iFintechWorld<\/title>\n<meta name=\"description\" content=\"To the Editor:Yes, bonds are finally a viable option, but for years and years, they offered scant yield plus high risk when rates finally did take off\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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