Famed 60/40 Portfolio Is So Beaten Down It’s Almost Cheap Again (Worst Return Since 2008 As M2 Money YoY Nosedives)

Model is down 20% this year, its worst return since 2008 Yet routs could allow model to ‘rise from the ashes’ (Bloomberg) Blame the Fed, war and fiscal profligacy all you want. But big trouble was … Researchers at the Independent Adviser for Vanguard Investors said it was a bad time to “steer a new path” and abandon the balanced approach.