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Bank of Singapore’s Quek: “New positive information” needed to drive equities rally

Year-to-date, global equities have rebounded and now hover at just 7% below the all-time peak from September last year, Sean Quek, head of equity research at Bank of Singapore, told Asian Private Banker. And although a dovish Fed and more realistic growth expectations remain supportive for equities, “new positive information” is required to extend the rally. “Earnings growth outlook and…

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