Jay Pestrichelli Reminds CNBC Viewers They Need Alternatives to 60/40 Portfolios

Jay guested on CNBC today with Kelly Evans where some themes included alternatives for the 60/40 portfolio given where interest rates are, and market pullbacks as buying opportunities.

Jay also pointed to any acceleration in the Fed raising interest rates above current estimates would potentially provide headwinds to the markets. The key point on the 60/40 reference is the theme of there is no other alternative to low yielding bonds in the market currently.

Our focus running a hedged equity strategy is to provide an alternative to the 60/40 model that puts a floor in portfolios but still allows for the opportunity for growth.

See Jay's interview here: