Monday, January 14, 2008

Credit Suisse, in switch, recommends U.S. stocks

From MarketWatch:

Credit Suisse strategists, for the first time this decade, recommended that fund managers buy more U.S. stocks than a world index would suggest, saying that authorities state-side are likely to be quicker on the draw than their European counterparts in responding to the slowing economy.

The strategists on Monday raised their rating on the U.S. to 5% overweight, from benchmark....MORE