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The global 60/40 strategy has seen a 27% cumulative return since 2022 through Oct. 31, according to Vanguard data. Traditionally, stocks and bonds move in opposite directions, which helps lower the volatility of this traditional portfolio. But that didn't work in 2022, when stocks and bonds both suffered and the 60/40 tanked, which had many declaring the strategy dead. The 60/40 portfolio tends to be shorthand for a balanced, diversified portfolio, with specific allocations based on investors' individual needs. For instance, Morningstar's index that reflects a 60/40 portfolio is up about 15% year to date.
Persons: Todd Schlanger, it's, Dan Lefkovitz, Morningstar, Lefkovitz, doesn't, Amy Arnott, Price, Jared Woodard, Woodard, Morningstar's, Vanguard's Schlanger, Schlanger, Organizations: Vanguard, Morningstar, Commodities, Bank of America, Fund, Bloomberg U.S, U.S .
A Global Warming Book for the Streaming Age
  + stars: | 2023-07-10 | by ( Zoë Schlanger | ) www.nytimes.com   time to read: +2 min
Lipsky’s book is a project of maximum ambition. He retells the entire climate story, from the dawn of electricity to the dire straits of our present day. We usually think of global warming as a modern malady, Lipsky writes, one that began in our lifetimes. Of course, all the modern climate graphs show that the red line had crept up by then. The book takes its title from two moments in time.
Persons: David Lipsky, David Lipsky’s, Lipsky, David Foster Wallace, Roger Revelle Organizations: The New York Times Locations: Swedish
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