This is a HUGE change for Brinker. I remember a caller to his show near the 2007 bull market highs before the last two bear markets was in Brinker's "Balanced" Model Portfolio #3 which was 2/3rds in equities. The caller asked Bob if they should re-balance this portfolio back to 50% equities and 50% fixed and Brinker was adamant that this was not his advice. This could be a good "contrarian indicator" that near-permabull Brinker is now far less bullish on stocks then he was at the peak in 2007 when they were much higher.
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- May 6 Asset Allocation Advice New!!