S&P Recommends Boosting Stock Assets

S&P says a rebounding economy is expected to be favorable for equity prices at the expense of fixed income

S&P's Investment Policy Committee increased its recommended asset allocation for stocks Wednesday afternoon. S&P recommends that investors increase their exposure to equities to 65% from 60%, while reducing their bond holdings to 20% from 25%. S&P still recommends holding 15% of assets in cash.

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