Markets are rewriting history, but with new names.

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The latest Bank of America (BofA) report is not just fleeting predictions,
but a subtle warning of an "end of an era" and the beginning of another.

Famous analyst Michael Hartnett believes that the second half of this decade (2025-2029) will mirror the 1970s;

when markets abandoned big, glamorous names in favor of "value" and "small-cap" companies.
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Here’s an analysis of the numbers:

1. Escaping Bonds (Anything But Bonds)
The first half of this decade was titled "Anything But Bonds";
liquidity flowed into technology and gold.

Hartnett sees that the upcoming phase will see this trend extend to
"emerging markets" and value and small-cap companies (Small Caps).
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2. Lessons from the Seventies Return
In the 1970s, expansionary fiscal policies and the decline of the dollar led to the fall of the (Nifty 50) index—which included giants of that era—

making way for small companies to achieve extraordinary returns.

Small-cap companies (Small Caps):
are expected to start surpassing large companies by the end of 2025 and continue into 2026.

Attractive valuations:
Small companies are currently trading at a historic discount of up to 30% compared to large companies,
making them the "cheapest" sector in the market right now.
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3. Roadmap to 2026
According to the report, the winning strategy will not be chasing the "tech bubble,"
but rather positioning within:

Emerging markets:
which have begun to see continuous cash inflows for weeks.

Gold and metals:
as a fundamental hedge against currency erosion and inflated sovereign debt.

Value (Value):
especially in banking and basic materials sectors.
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Summary:
History tells us that "crowds" are always in the wrong place at major market turning points.
Moving from "raging growth" to "forgotten value" is not just a portfolio shift,
but a change in investment mindset to face an era characterized by inflation and declining traditional dominance.

Do you have the courage to step out of the "big companies" cloak and bet on what Bank of America sees as a "mine" for the future?

Share your opinion,
and have you already started increasing your emerging markets exposure in your portfolio?