Investing.com -- ocks are likely to remain in vogue over bonds next year, supported by a risk-on cocktail of broader profits, deregulation, and rate cuts, analysts from BofA said in a recent note.
Equity sectors tied to the real economy are likely to flourish, the analysts said, touting what they describe as a"great reversion" from the digital economy to the real economy.Globally, the bank recommends owning"reformist Japan, quality India, EM debt, and gold." This contrasts with consensus allocation methods like"buy the whole market" and target date funds, which they suggest may underperform.
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