WELLS FARGO: BUY U.S. STOCKS, AVOID EMERGING MARKETS
Wells Fargo advises investors to reduce emerging market (EM) stock holdings, despite recent gains, citing weak long-term performance and structural risks like political instability and China’s economic issues.The firm sees U.S. and developed market equities as more stable alternatives and recommends reallocating to U.S. large- and mid-cap stocks. For risk reduction, it suggests commodities or select fixed-income assets.The copyright of this article belongs to the original author/organization.
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