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DBS: Markets cheer over Fed inaction, but beware of overstaying

DBS has warned against overstaying in the markets, fearing a weaker economy that damages the outlook on risk assets or a stronger one that will trigger a rate increase after asset prices rise. Beware of overstaying According to the bank, there are two major reasons to be cautious of overstaying. First, US authorities have attributed the long-term pause on rates…

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