that he still believes the stock market has upside, and he shared three catalysts that could send stocks higher next year.
The bond chief told investors that stocks in the"next level of technology," like semiconductors, software, and forms of data transmission companies, have upside. Rieder also said bank stocks in both the US and Europe could gain next year because they have"over reserved" during the pandemic and could see better earnings next year when they don't have to hold so much cash.
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