Amundi US

The likelihood of a divided US government removes a major potential headwind to the US economy (that is, higher taxes), and with multiple Covid-19 vaccines showing promise, the US economy may surprise on the upside in 2021.

As COVID-19 comes under control with vaccines and the US economy improves, increasing exposure to both high-quality value stocks and stable growth stocks, while reducing exposure to hyper-growth and deep-value stocks, may be prudent for investors.