Global equities expected to outperform fixed income in 2024: Barclays ...Middle East

Barclays have turned overweight on global equities vs. fixed income:global equities set to outperform core fixed-income assets in 2024, expects mid-to-high single-digit equity returns in both the US and Europebond yields to stay elevatedCiting:threat of a global economic slowdown have fallenequities holding up against a 'higher-for-longer' interest rate environment a largely AI-driven rally in US mega-caps, along with strength in the U.S. economy."The downside risks to the world economy have diminished greatly. We think stocks will benefit from a fairly benign bottom to this business cycle and look through near-term earnings disappointments. "We now turn overweight (on) global equities over

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