ARBOR OUTLOOK: Bond hedges, correlations and Ray Charles

“I sat there with two tens …I thought I’d have some fun;The dealer hit sixteen with a five…Just enough to make twenty one.”“Blackjack” as performed by Ray Charles Astute retiree investors might want to reconsider the time-honored, classic 60/40 portfolio investment strategy. Since 2000, bonds have been anti-correlated with stocks, meaning that bonds went up when stocks went down. Investors owned bonds for […]