From Bespoke today:
Through August, investors running a classic 60/40 stocks-bonds portfolio were sitting on a brutal -14% total return. As shown below, that's the worst first 8 months of the year since at least 1976. Typically, declines in stocks are offset by gains from bonds and vice versa. That's why the 60-40 portfolio has historically been an easy allocation rule of thumb that has served investors very well. But it hasn't this year.
Bespoke Investment Group's Chart of the Day: 60/40 Portfolios Fall 14% YTD
Thu, Sep 1, 2022
SOURCE: Bespoke Investment Group September 1st 2022