Home Investing Strategy Retirement Investing Summary Traditional 60/40 portfolios face heightened risks from persistent inflation, elevated deficits, and diminished bond safety, requiring a more thematic, hands-on investment approach. A massive rotation from money market funds into high-quality dividend stocks could occur if rates decline, posing challenges for investors still deploying capital. Dividend stocks and midstream energy equities offer attractive income and growth, but yields may compress rapidly if capital rotates out of short-duration assets. My strategy emphasizes locking in high-quality income now, targeting durable dividend growers, and focusing on secular growth sectors like midstream energy and utilities. Looking for a portfolio of ideas like this one? Members of Main Street Alpha get exclusive access to our subscriber-only portfolios. Learn More » Introduction The other day, I read an article from Merrill Lynch, which is the investment bank owned by Bank of America ( BAC ).…