Bloomberg on Nostr: Amundi, Pictet Lead Contrarian Wave to U.S. Stock Exceptionalism ========== Amundi ...
Amundi, Pictet Lead Contrarian Wave to U.S. Stock Exceptionalism
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Amundi and Pictet are leading a contrarian wave of investors who are betting on the exceptionalism of U.S. stocks. The two asset managers are increasing their exposure to U.S. equities while many others are reducing their holdings. This move comes as concerns about inflation and rising interest rates weigh on global markets. Amundi and Pictet believe that the U.S. economy will outperform other regions and that U.S. stocks offer attractive opportunities. They are particularly bullish on sectors such as technology and healthcare. Other investors, however, are cautious and are diversifying their portfolios to include other regions and asset classes. The article mentions that Amundi and Pictet are not alone in their contrarian view, as other investors such as BlackRock and JPMorgan have also expressed optimism about U.S. stocks. The article does not provide specific numbers or dates related to the investments made by Amundi and Pictet.
https://www.bloomberg.com/news/articles/2024-05-06/amundi-pictet-lead-contrarian-wave-to-us-stock-exceptionalism?srnd=homepage-middle-east
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Amundi and Pictet are leading a contrarian wave of investors who are betting on the exceptionalism of U.S. stocks. The two asset managers are increasing their exposure to U.S. equities while many others are reducing their holdings. This move comes as concerns about inflation and rising interest rates weigh on global markets. Amundi and Pictet believe that the U.S. economy will outperform other regions and that U.S. stocks offer attractive opportunities. They are particularly bullish on sectors such as technology and healthcare. Other investors, however, are cautious and are diversifying their portfolios to include other regions and asset classes. The article mentions that Amundi and Pictet are not alone in their contrarian view, as other investors such as BlackRock and JPMorgan have also expressed optimism about U.S. stocks. The article does not provide specific numbers or dates related to the investments made by Amundi and Pictet.
https://www.bloomberg.com/news/articles/2024-05-06/amundi-pictet-lead-contrarian-wave-to-us-stock-exceptionalism?srnd=homepage-middle-east