11 hours ago
US Stock Market's Outperformance Is Over, BofA Survey Shows
Global stocks will beat US equities over the next five years, according to Bank of America Corp.'s latest fund manager survey, adding evidence that investors increasingly see America's market dominance as coming to an end.
Some 54% of asset managers expect international stocks to be the top asset class, while 23% picked US stocks, according to the survey. Only 13% said gold will deliver top returns, and 5% are betting on bonds.
