In the two remaining sectors,"neglected" real estate investment trust, slightly outperforming the broader sector with 12% gains, are"high-quality value" stocks well-primed for 2021, Bank of America notes.6%.
That's how much Bank of America expects the S&P 500 could climb by the end of 2021, saying that the"recovery is intact and the world will likely reopen in the second half of the year, but a lot of optimism is priced in already on [expectations for] the vaccine and recovery." The greatest risks to the bank's market outlook for next year include problems with vaccine execution, delayed fiscal stimulus and additional government-imposed lockdowns.
Hey look who wants to start writing articles other than Trump bashing.
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