developed markets, excluding the USsince its inflation backdrop is now supportive, and onas the region's interest rates rise out of negative territory. US-based investors who buy European equities will benefit from the euro's relative strength, he said.
"There are parts of the S&P — I call it the S&P 490, the non-top-10 stocks of the S&P — that have a chance for multiple expansion if we avoid recession," Camporeale said.Investors should consider building a classic 60-40 portfolio made up of 60% stocks and 40% bonds, he said. He likes. Camporeale said he prefers to balance out his portfolio with those safer, highly liquid assets instead of chasing high yields from riskier bonds.
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