##  [# Hot Reads: 60/40 Portfolio Had a Bad 8 Months](/sections/daily-hot-reads/hot-reads-6040-portfolio-had-bad-8-months) 

 

# Hot Reads: 60/40 Portfolio Had a Bad 8 Months

 

 

 Plus, a look at the failed deal between UBS and Wealthfront.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Sep 07, 2022

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

**[The Worst Year Ever](https://theirrelevantinvestor.com/2022/09/06/the-worst-year-ever/ "https://theirrelevantinvestor.com/2022/09/06/the-worst-year-ever/")** (The Irrelevant Investor)  
 The last time interest rates had this sort of move was in January 2000.

**[Canceled UBS/Wealthfront Deal Was a Puzzler](https://www.thinkadvisor.com/2022/09/06/ubs-wealthfront-deal-now-canceled-was-puzzling-from-the-start-techies-say/ "https://www.thinkadvisor.com/2022/09/06/ubs-wealthfront-deal-now-canceled-was-puzzling-from-the-start-techies-say/")** (ThinkAdvisor)  
 The two firms were diametrically opposed, so it was not surprising the deal wasn't consummated, says Nexus Strategy's Tim Welsh.

**[Recession Fears Drive European Investors From ETFs](https://www.ft.com/content/588d5929-5117-4c4a-8f00-31ceaad72af6)** (Financial Times)  
 Outflows of $7.7 billion in August reflect deepening gloom.

 

**[El-Erian: Surging Dollar A Mixed Blessing](https://www.advisorperspectives.com/articles/2022/09/06/a-surging-dollar-is-a-mixed-blessing-for-the-us "https://www.advisorperspectives.com/articles/2022/09/06/a-surging-dollar-is-a-mixed-blessing-for-the-us")** (Advisor Perspectives)  
 The greenback is a relative, rather than an absolute, price.

**[Markets Test Top Pensions' Commitment to ESG](https://www.institutionalinvestor.com/article/b1zp3n8lgnbkvv/Markets-Test-Top-Pensions-Commitment-to-ESG "https://www.institutionalinvestor.com/article/b1zp3n8lgnbkvv/Markets-Test-Top-Pensions-Commitment-to-ESG")** (Institutional Investor)  
 State politics is a threat to efforts on sustainability by U.S. pensions, according to the Think Ahead Institute.

**[Interest Rates Vs. Inflation](https://awealthofcommonsense.com/2022/09/interest-rates-vs-inflation/ "https://awealthofcommonsense.com/2022/09/interest-rates-vs-inflation/")** (A Wealth of Common Sense)  
 What's better: high inflation plus high rates, or high inflation plus low rates?

**[Fed's Long-Sought Neutral Goal Is Elusive, Moving Target](https://www.fa-mag.com/news/fed-s-long-sought-neutral-goal-proves-elusive-and-moving-target-69546.html "https://www.fa-mag.com/news/fed-s-long-sought-neutral-goal-proves-elusive-and-moving-target-69546.html")** (FA Mag)  
 A shift is underway at the Federal Reserve in how to describe "neutral." For an abstract concept, the stakes are high.

**[Meb Faber Beats Down Stock Buyback Myths](https://www.thinkadvisor.com/2022/09/06/meb-faber-stock-buybacks-arent-the-bogeyman/ "https://www.thinkadvisor.com/2022/09/06/meb-faber-stock-buybacks-arent-the-bogeyman/")** (ThinkAdvisor)  
 Cambria Investment's CEO says stock buybacks aren't the bogeyman many politicians and economists mistakenly portray them as.

[**Sector Rotation Based on the Business Cycle Can Work**](https://mrzepczynski.blogspot.com/2022/09/sector-rotation-based-on-business-cycle.html "https://mrzepczynski.blogspot.com/2022/09/sector-rotation-based-on-business-cycle.html") (Disciplined Systematic Global Macro Views)  
 Given the rise in inflation, bonds are not the same diversification solution.

**[How Passive Are Markets, Actually?](https://www.ft.com/content/73a6527d-cd59-498e-9923-af5143cbb952)**(Financial Times)  
 Much more than you think.



 

 

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