Reported about 13 hours ago
Bank of America strategists believe that as global central banks lower interest rates quicker than the Federal Reserve, stock market gains could become more widespread. Despite current concentrated growth in U.S. stocks, particularly the S&P 500, they suggest that if global business activity picks up, the performance of stocks could diversify more broadly. They favor European and emerging market stocks as well as anticipate increased risk-taking among investors.
Source: YAHOO