The 60-40 portfolio is designed to protect investors from volatility: so why is it having such a bad year?

The 60-40 portfolio is designed to protect investors from volatility: so why is it having such a bad year?

The first half of 2022 has historically been a bad period for markets, and the carnage wasn’t limited to stocks. As stocks and bonds have sold off at the same time, investors who have relied on the 60-40 portfolio – so called because it holds 60% of its wealth in stocks and the remaining 40% … Read more

Kohl’s real estate sale is on the table after deal talks

Kohl's real estate sale is on the table after deal talks

People walk near the entrance of a Kohl’s department store on June 7, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s might not sell its business after all. But it’s now trying to sell some of its properties, reversing its previous stance. The retailer announced on Friday that it had ended deal talks … Read more

The S&P 500 has had its worst half in 50 years, but the 60/40 portfolio isn’t dead

How inflation and rate hikes affect the 60/40 portfolio strategy

Stock traders on the floor of the New York Stock Exchange. Spencer Platt | News from Getty Images | Getty Images The S&P 500 index, a barometer of US stocks, just had its worst first half in over 50 years. The index has fallen 20.6% over the past six months from its peak in early … Read more

what it means for Asian junk bond investors

what it means for Asian junk bond investors

Real estate and related industries account for more than a quarter of China’s economy, according to Moody’s estimates. CFOTO | Future Publishing | Getty Images China’s real estate bonds were once a key performance driver for Asian junk bond funds, but real estate bonds’ market share has fallen as a result of the country’s real … Read more

‘It’s crazy’: Realtors describe chaos in New York City’s hot rental market

'It's crazy': Realtors describe chaos in New York City's hot rental market

Renting an apartment in New York City this summer? Say hello to sky-high prizes and a fight to the end. Amid the heat and occasional rain, Gotham, which has been underserved for many years, is in a mad scramble to rent affordable housing. Real estate agents describe the chaos when it comes to prices. “It’s … Read more

The housing market slowdown is reflected in shipping data from China

The housing market slowdown is reflected in shipping data from China

Cuts in spending by consumers have already resulted in a 20-30% drop in Chinese manufacturing orders from US importers, as recently reported by CNBC, and more recent data from US shippers shows that the slowdown in the housing market is now showing in the Asian supply chain data too. “We are seeing the impact and … Read more

How to find a hidden spy camera in hotel rooms and rental apartments

How to find a hidden spy camera in hotel rooms and rental apartments

Almost 60% of Americans said they were concerned about hidden cameras in Airbnbs in 2019. And 11% of vacation home renters said they spotted a hidden camera during a stay, according to a survey by property investment firm IPX1031. Spy cameras are not a new problem. In South Korea, more than 30,000 cases of hidden … Read more

How inflation and rate hikes affect the 60/40 portfolio strategy

How inflation and rate hikes affect the 60/40 portfolio strategy

How a 60/40 portfolio strategy works The strategy invests 60% in equities and 40% in bonds – a traditional portfolio that carries moderate risk. More broadly, “60/40” is an acronym for the broader theme of asset diversification. The idea is that when stocks (the growth engine of a portfolio) underperform, bonds serve as deadweight, as … Read more

5 charts show how the housing market has failed buyers — and it’s not over yet

5 charts show how the housing market has failed buyers — and it's not over yet

The housing market is finally taking a breather after a two-year sprint. A new report reveals how the frenzy unfolded. The report, titled “State of the Nation’s Housing 2022,” from the Harvard Joint Center for Housing Studies, shows the steep rise in the costs associated with owning or renting a home and how competition among … Read more

I’m the COO of a mortgage company that has funded more than $100 billion in loans. Here are the 3 things you need to know about the housing market right now

I'm the COO of a mortgage company that has funded more than $100 billion in loans.  Here are the 3 things you need to know about the housing market right now

Steve Rich Mortgage rates rose to over 6% last week, according to Bankrate data, with some pros saying they could get higher. (Here are the lowest mortgage rates you might qualify for.) Additionally, home prices are up more than 20% year over year, posing affordability concerns for many aspiring homebuyers. And you are probably asking … Read more