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Idle cash needs to be “uncomfortably early” or be late: Capital Group

With investors betting on whether 2024 will be a year for fixed income or equities, Caroline Randall, management committee member and portfolio manager at US$2.3 trillion AUM Capital Group, believes defensive stocks have a good outlook amid the possibility of a “bumpy landing” in the US. “As you can imagine, I get asked a lot about what is my view…

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