Goldman Sachs recommends overweighting stocks over the next three months and buying bonds over the next year, citing strong earnings growth and limited recession risk. Analysts expect nearly 30% third-quarter earnings growth compared to the prior year, with results from major U.S. banks and UnitedHealth due this week. U.S. 10-year and 30-year Treasury yields have risen to their highest levels since 2002, making longer-dated bonds particularly attractive according to the bank.
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