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 ...

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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":"BAR","symbol_name":"GraniteShares Gold Trust","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,"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)).  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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":null,"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":"4.26.4","shortVersion":"4.26.4","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"}