Famed 60/40 portfolio is so beaten down it's almost cheap again | Economic Times

Famed 60/40 portfolio is so beaten down it's almost cheap again https://ift.tt/l4o03Sh were coming off historically high valuations for both equities and fixed income," Marvin Loh, senior macro strategist at State Street Global Markets, said in an interview. But the strategy could soon start to do what it's supposed to do, he added, "because you're getting in with fixed-income valuations that make a whole lot more sense. There's a lot more natural buyers for a 4% 10-year than there is for 0.3%.