Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
Research from BMO Capital Markets shows stocks have actually performed better under higher interest rate regimes over the past three decades.
Thirty-six percent of respondents to Bank of America's Global Fund Manager's Survey said they believe the most likely outcome for the global economy is a "no landing," up from 23% a month ago.