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'60-40' portfolio records best start since 1991 - BofA

February 10, 2023 9:10 AM EST

BofA analyst Michael Hartnett said in his "flow show" note on Friday that the 60% stocks and 40% bonds traditional portfolio is up 6.8% for the year-to-date, recording its best start since 1991.

The analyst added that a "slightly safer" 40% stocks-60% bonds portfolio is up 6.5%, not lagging by much, while the evenly... More