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Rising stagflation risks in the U.S. and Europe are raising the possibility of a “lost decade” for the 60/40 portfolio mix of stocks and bonds, historically seen as a reliable investing choice for those with moderate risk appetites. Such a “lost decade” is defined as an extended period of poor real returns, says Goldman Sachs Group Inc. GS, +0.59% portfolio strategist Christian Mueller-Glissmann and his colleagues, Cecilia Mariotti and Andrea Ferrario.
...read full article on Market Watch
