Societe Generale strategists recommend investors to increase investments in risky assets and reduce the share of cash, pointing to the historically positive impact of the Fed's rate cuts in the absence of a recession. According to analysts, stocks of the United States, Japan and developing countries, as well as securities of small and medium-cap companies, remain promising. Experts note that in terms of a single currency, non-American markets can show comparable or even better dynamics than American ones. Further leadership of the financial sector is predicted, as well as the benefits for cyclical companies from monetary policy easing. At the same time, the dollar is expected to weaken and gold prices will continue to rise. Specific ideas include long positions in emerging market stocks, the Topix index, the S&P 500 with equal weight, European and American banks, gold mining companies, as well as in peripheral markets in Europe and mainland China.
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