GOLDMAN FAVORS STOCKS AS CREDIT RISKS RISE Goldman Sachs remains overweight equities over the next 12 months while underweighting credit as late-cycle risks increase. The bank expects solid earnings, slowing but resilient growth and low U.S. recession risk to support stocks. However, Goldman warns high bond yields, fiscal concerns and sticky inflation could limit gains. It recommends diversification through low-volatility stocks, high-dividend shares, gold and real assets.(*Walter Bloomberg)