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

Commodity Bull Market: Bank of America suggests a secular bull run in commodities is beginning, indicating that commodities may be a better alternative to bonds in a 60/40 investment portfolio due to inflationary pressures from various global factors.

Performance Comparison: Over the past four years, commodities have returned +116%, significantly outperforming the U.S. 30-year Treasury bond, which saw a 39% loss, highlighting the potential for strong returns in the commodities market despite current volatility.