Call it the investment equivalent of dogs and cats living together.
On Tuesday's "Futures Now," BlackRock's chief investment strategist for fixed income, Jeff Rosenberg, said that if he were to take a bet on stocks or bonds in 2015, he'd pick stocks.
"I'd be a buyer of the stock market, just because the risk and reward," he said. "The issue with bonds right now is there's a skew to the potential returns. The upside is quite limited, given how low yields are." The yield on the U.S. 10-year has stayed below 2 percent for the better part of the year, currently resting at 1.9 percent. "The difference with the stock market is there's a more balanced risk and reward in terms of the upside versus the downside."
Rosenberg, who correctly called for the stock market to outperform the bond market in both 2013 and 2014, said that investors will continue to see a tight correlation between stocks, bonds, currencies and commodities through the end of the year.