DBS remains overweight on the US market in the short-term (three months), but takes a prudent stance over a 12-month period, due to the potential obstacles in US’s policy implementation and political risks in Europe. “Sentiment has been buoyed by talks of corporate taxation cuts, [b]ut given the current political realities, this may not actually take place until late-2017 or early-2018,”…
Have a confidential tip? Get in touch [email protected]