BofA sees small caps poised for 12% annual returns over next decade

Nov. 30, 2022 7:17 PM ETIWM, SP500, SPXBy: Val Kennedy, SA News Editor11 Comments

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BofA Securities is recommending investors seek out small caps in 2023 as a hedge in a declining market, which they view as priced for a "deep recession." The firm expects this part of the market to realize 12% annualized returns over the

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