Stock Market Outlook: Investors See Non-US Stocks Top Asset Over 5 Years
Investors see years of US stock outperformance coming to an end, with most respondents in a survey from Bank of America eyeing international stocks as the top performer in the coming years.
Global fund managers surveyed by the bank indicated they felt more optimistic about international stocks than US equities this month. More than half of investors—54%—surveyed from June 6 to June 12 said they believe international equities would be the best-performing asset over the next five years, BofA strategists wrote on Tuesday.
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