A 60-40 portfolio has proven to be 'fairly bulletproof': Fidelity Investments

5:01 AM ET Tue, 20 Aug 2019

Jurrien Timmer of Fidelity Investments says low bond yields have been a "very good cushion" for stock markets and there's no point in investors "running for the hills" if they have some diversification of stocks and bonds, because one will offset the other.