股债双杀阴霾散去，经典60/40投资策略“老树发新芽”？

Group 1 - The traditional 60/40 investment strategy, which allocates 60% to stocks and 40% to bonds, is regaining attention in the market after being overlooked due to a prolonged zero-interest-rate environment and the simultaneous decline of both stock and bond markets in 2022 [2][3] - The iShares Core U.S. Aggregate Bond ETF (AGG) achieved a total return of 7.2% in 2025, marking its best performance since 2020, indicating that fixed income can contribute positively to investment portfolios [2][3] - Market experts suggest that the current bond market outlook is attractive due to the onset of a monetary easing cycle, which is expected to drive bond prices higher, while the stock market faces vulnerabilities due to high valuations and concerns over an AI bubble [4][5] Group 2 - Investment strategies may benefit from a simplified approach by allocating to representative bond market products like AGG, with a recommended duration of six to seven years for bonds, as longer-duration bonds are more sensitive to interest rate changes [4] - A suggested allocation strategy includes a 50:50 split between credit bonds and U.S. Treasuries, with the potential addition of mortgage-backed securities [4] - There is a growing interest in diversifying the 40% fixed income allocation to include alternative assets like private credit and commodities such as gold, which have gained traction among retail investors seeking protection and returns [5][6]