BofA says commodities are starting a bull run and should be the “40” in 60/40 portfolios

seekingalpha08-31

A secular bull run in commodities is getting underway, and that asset class would serve well in a 60/40 investment portfolio composition, according to Bank of America ((BofA)). Some broad commodity ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2463767468?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/150639576/image_150639576.jpg","is_english":true,"pubTime":"2024-08-31 02:07","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2463767468","market":"hk","top_or_hot":-1,"title":"BofA says commodities are starting a bull run and should be the “40” in 60/40 portfolios","media":"seekingalpha","content":"<div>\n<p>A secular bull run in commodities is getting underway, and that asset class would serve well in a 60/40 investment portfolio composition, according to Bank of America ((BofA)).  Some broad commodity ...</p>\n\n<a href=\"https://seekingalpha.com/news/4145608-bofa-says-commodities-are-starting-a-bull-run-and-should-be-the-40-in-6040-portfolios\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BofA says commodities are starting a bull run and should be the “40” in 60/40 portfolios</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBofA says commodities are starting a bull run and should be the “40” in 60/40 portfolios\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-31 02:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4145608-bofa-says-commodities-are-starting-a-bull-run-and-should-be-the-40-in-6040-portfolios><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A secular bull run in commodities is getting underway, and that asset class would serve well in a 60/40 investment portfolio composition, according to Bank of America ((BofA)).  Some broad commodity ...</p>\n\n<a href=\"https://seekingalpha.com/news/4145608-bofa-says-commodities-are-starting-a-bull-run-and-should-be-the-40-in-6040-portfolios\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPY","symbol_name":"标普500ETF","start_time":0,"source_url":"https://seekingalpha.com/news/4145608-bofa-says-commodities-are-starting-a-bull-run-and-should-be-the-40-in-6040-portfolios","article_id":"2463767468","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/150639576/image_150639576.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2463767468","pubTimestamp":1725041236,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"A secular bull run in commodities is getting underway, and that asset class would serve well in a 60/40 investment portfolio composition, according to Bank of America ((BofA)).  Some broad commodity g","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","BOIL":"两倍做多彭博天然气ETF-ProShares","SIVR":"Aberdeen Standard Physical Silver Shares ETF","SDS":"两倍做空标普500ETF","UCO":"二倍做多彭博原油ETF","BK4570":"地缘局势概念股","UNG":"美国天然气基金","SCO":"二倍做空彭博原油指数ETF","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","UNL":"United States 12 Month Natural Gas Fund LP","OEX":"标普100","BK4535":"淡马锡持仓","IVV":"标普500指数ETF","BK4559":"巴菲特持仓","SH":"标普500反向ETF","AGQ":"二倍做多白银ETF(ProShares)","GDX":"黄金矿业ETF-VanEck","BK4588":"碎股","BK4550":"红杉资本持仓","GLD":"SPDR黄金ETF","SLV":"白银ETF(iShares)","BAR":"GraniteShares Gold Trust","IAU":"黄金信托ETF(iShares)","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","BK4547":"WSB热门概念","SLVP":"iShares MSCI Global Silver and Metals Miners ETF","SSO":"两倍做多标普500ETF","ZSL":"二倍做空白银ETF(ProShares)","DBO":"原油ETF-PowerShares","BK4581":"高盛持仓","BK4504":"桥水持仓","SPXU":"三倍做空标普500ETF","USO":"美国原油ETF"},"translate_title":"美银称大宗商品正在开启牛市，应该是60/40投资组合中的“40”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AGQ":1,"ZSL":1,"USO":1,"UNL":1,"UNG":1,"SPY":1,"SLVP":1,"SLV":1,"SIVR":1,"IAU":1,"GDX":1,"DBO":1,"BOIL":1,"BAR":1,"GLD":0.8,"US30Y.BOND":0.71,".SPX":0.6,"UPRO":0.6,"UCO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"SCO":0.6,"OEX":0.6,"OEF":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"A secular bull run in commodities is getting underway, and that asset class would serve well in a 60/40 investment portfolio composition, according to Bank of America ((BofA)).  Some broad commodity gauges have yet to recapture their most-recent highs in 2022, even as demand for commodities by major importer China has strengthened this year despite its stalling overall growth. But commodity prices broadly are ready to rev up, BofA said Friday in its “Flow Show” note.  A “commodity secular bull market in the 2020s [is] just getting started as debt, deficits, demographics, reverse-globalization, AI & net-zero policies all inflationary,” BofA Investment Strategist Jared Woodard said. “Commodities are a better \"40\" than bonds in the 2020s,” he said, suggesting commodities take the “40” place of bonds in the popular 60/40 portfolio structure that has equities (SP500)(SPY) in the “60” position.  Total returns on commodities over the past four years were +116%, outstripping the 39% loss from the U.S. 30-year Treasury bond (US30Y) over that same timespan, the strategist said. Annualized returns from commodity indexes have ranged from 10%-14% “even amidst falling inflation, dovish Fed,” he said.  Among commodity trackers, the Bloomberg Commodity Index was down about 2.6% year-to-date as of midday Friday, while the iShares S&P GSCI Commodity-Indexed Trust ETF (NYSEARCA:GSG) was up 4.8% YTD.    Gold and Gold Miner ETFs: (GLD), (IAU), (BAR), and (GDX) Silver and Silver Mining ETFs: (SLV), (SIVR), (AGQ), (ZSL), and (SLVP) Oil ETFs: (USO), (UCO) and (DBO). Natural Gas ETFs: (UNG), (BOIL), and (UNL)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2463767468"}