The coming year for investing may turn out to be better than many expect for stocks even though a recession appears likely, pros at Natixis Investment Management said Wednesday.
The stock market has been reacting negatively to a series of shocks since 2020 starting with the COVID-19 lockdown, supply chain woes, the invasion of Ukraine, and rapid interest rate hikes from central banks around the world. Michael Nicolas, partner and portfolio manager of Harris Associates/Oakmark Funds, said stocks have typically risen about 20% two years after the 12 recessions in the United States since 1945.
Fifty-three percent of institutional investors said they’re actively de-risking their portfolio with an emphasis on quality fixed income.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: