By: David Bianco
A long year ahead and opportunity cash now pays interest: Be patient!
Younger investors might have been caught off guard by the recent outperformance of European stocks versus their U.S. peers. We think it may well continue.
The danger of recession is more evident now in market valuations but not in earnings forecasts
The global economy should grow above potential in 2022, with inflation worries proving worse than inflation itself. Declining monetary support could unsettle markets, however.
