The Classic 60-40 Investment Strategy Falls Apart. ‘There’s No Place to Hide.’

Excerpt from The Wall Street Journal published November 13, 2022

 

Eric Walters, a financial adviser based in Greenwood Village, Colo., said his clients have seemed notably sober as of late.

“Often we will start meetings and they will nervously ask, ‘Are we OK?’ ” he said. “I think they’re referring to the country and the economy and the stock market, and they’re also referring to themselves personally: Are we OK financially?”