TLT Bull Flag?? Balance your portfolios for Risk A stock account starting the 2020 year split 60-40, SPY to TLT would have a identical YTD return as a 100% portfolio of Stocks.
At the low the balanced portfolio would have been down 10% as opposed to 31% of all stock. Key takeaway in 1999 and 2007 it took the SPX 5+ years to recover, not 5 months.
Maybe smart to Diversify when stocks are going nutty high, not after the fact.