Credit Suisse has recommended an overweight position in U.S. stocks for the first time in 10 years.
By virtue of the weakening dollar and the Fed's easing cycle," said a report from the Swiss bank, “monetary conditions are now far looser in the U.S. than in Europe.” The authors of the report believe the Fed will be “more balanced in its assessment of inflation risks” moving forward. The same report suggested investors take on underweight positions in European markets.
Analysts at HSBC recently made a similar call.
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