10 Tuesday AM Reads
Welcome to June! (How did
that happen?) Kick the month off right with our morning reads:
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Unloved 60/40 Strategy Needs a Modern Makeover to Win Over Skeptics After half a century, the venerable investment allocation formula is showing some signs of age. But that doesn’t mean retail investors need to start from scratch. (Bloomberg)
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Why You Should Wait Out the Wild Housing Market Pick a housing statistic at random, and it’s probably setting an all-time record. Home prices: record high. Inventory: record low. Percentage of homes selling above asking price: record high. Average time on market: record low. (The Atlantic)