Wall Street has been hit by a brutal market sell-off this year.

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The classic investment strategy of 60% stocks and 40% bonds has had a dismal year, and many predict its demise. But Goldman Sachs Asset Management says it could come back in 2023, going by past patterns. Attractive bond yields could add to the portfolio's appeal, according to the $2 trillion asset manager.

The classic 60/40 investment portfolio is headed for one of its worst years ever, prompting many a...

Continue Reading Goldman Sachs thinks the 60/40 portfolio is far from dead and is set to make a strong comeback in 2023, if history is any guide