(MarketWatch) In a year where a classic 60/40 allocation has affirmed the success of this time-tested strategy, JP Morgan is joining the list of Wall Street banks that are calling for its demise in the coming years. Historically, financial advisers would tell their clients to keep 60% of their cash in stocks and the rest in highly rated bonds..
JP Morgan joins the list of Wall Street banks calling for the demise of 60/40 portfolio,
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