Risk-Off Market Ravages 60/40 Portfolios—And During Market Routs, Value Liquidity

Risk-Off Market Ravages 60/40 Portfolios—And During Market Routs, Value Liquidity

With stocks and bonds both notching large declines, the 60/40 portfolio is down over 10 percent this year, for its worst performance since the financial crisis of 2008. —

And during market routs, value liquidity—