BlackRock Declares 60/40 Portfolio Dead, What’s Next?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 24 2026
0mins
Should l Buy GOOGL?
Source: Fool
- Portfolio Strategy Shift: BlackRock's recent investor note declares the traditional 60/40 portfolio obsolete, as stocks and bonds often move in tandem, exposing investors to heightened risks and uncertainties.
- Rising Bond Yields: With 10-year U.S. Treasury yields climbing to 4.28%, bond prices are falling, and BlackRock notes that the demand for risk compensation in long-term bonds has increased due to persistent inflation and high debt levels, further diminishing bonds' safe-haven appeal.
- Attractive Quality Stocks: Despite the failure of the 60/40 model, BlackRock remains bullish on U.S. equities, particularly AI-focused tech stocks like Alphabet, which benefit from ongoing earnings growth and robust financial health, positioning them favorably in the market.
- Emerging Market Debt Investment: BlackRock recommends emerging-market hard-currency debt, especially from commodity-exporting countries like Brazil, viewing this as a diversification opportunity for investors, particularly through its managed iShares J.P. Morgan USD Emerging Markets Bond ETF.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 297.390
Low
305.00
Averages
374.25
High
400.00
Current: 297.390
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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