A chorus of strategists suggest 2022 will offer a bumpier market ride.
The firm's strategists said investors should remain bullish, but they recommended a neutral position on U.S. stocks.
Most strategists expect more muted returns in 2022 after the blockbuster gains of last year.
Much of the good news on government pledges to pivot their economies toward a low-carbon model is already priced in.
The firm's analysts don't see an interruption of market growth anytime soon.
Their overweight call echoes that of JPMorgan strategists, who upgraded China's stocks this week.
Equities have been resilient to tapering and omicron risks, with the S&P 500 surging to a record high last week.
About a fifth of the respondents to the global poll anticipate negative returns for the S&P 500 index,
The S&P 500 currently has a real earnings yield of negative 2.9%.
It roiled stocks two weeks ago, but Omicron's effects were short-lived.
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