Markets Magazine
U.S. Airlines to Mortgage-Backed Debt Top List of Best ’14 Bets
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Following the Standard & Poor’s 500 Index’s record high in November, will stocks continue their ascent amid what’s likely to be lackluster global expansion in 2014? In September, the U.S. Federal Reserve’s unexpected delay in tapering its stimulus program whipsawed debt markets. Where should bond investors go for returns?
We asked eight of the world’s leading money managers where they’re placing their bets in the U.S., Europe and emerging markets for 2014. The mutual-fund investors have beaten at least 90 percent of their peers over three or five years. They see more chances to make money in the U.S. and Europe, if you avoid the land mines, than in languishing emerging markets.