Tim Buckley: Okay, 60/40, mix it up here a little bit. … Some people on your team have talked about “hold a little bit more bonds now, because they have a yield.”

Greg Davis: A big part of it, again, goes to the return expectations. The fact that, hey, our return expectations for U.S. equities and U.S. bonds are pretty comparable, and we know the bond market has much lower volatility than what you find in the equity market. So the point there is that you can construct a portfolio. If you tilt it slightly with a more defensive bias, the expectation is you’re going to produce similar returns than a traditional 60/40 with slightly less volatility, but we wouldn’t expect investors to go wholesale and go 100% into bonds and no equities. That would be a really bad idea. But, again, to the extent you’re putting more money to work, you know, you could be a little bit more defensive and allocate that money more on the bond side, probably trying to catch up with the allocation you really wanted in the first place, because equities have done so well.