David Byrnes, head of distribution for Security Benefit, wrote an article for Insurance News Net about what rate increases mean for the portfolio mix.
Inflation, rate hikes, earnings declines and an inverted yield curve will all factor into decisions that impact client portfolios in 2023. For many, the traditional 60/40 stock/bond portfolio mix has been the go-to investment strategy and has held up well for decades. However, financial professionals should consider fixed rate products as an alternative when talking with clients about what to do with the 40% dedicated to fixed income.