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Asia’s private banks say “stay the course, trust the fundamentals”

Fears of a trade war, rising US rates, and frothy valuations may be holding back global share prices, but private banks, for the most part, are urging clients to stay the equity overweight course and trust fundamentals over noise. Trade war risk: Malignant or benign? In its extended effort to make good on its ‘America First’ policy, the Trump administration…

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