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BlackRock: Gap between winners and losers in equity market to widen

BlackRock expects the gap between equity winners and losers to widen due to a passing of global regulations baton, from monetary to fiscal policy. “Under extraordinary monetary easing during the post-crisis years, a rising tide lifted all boats,” the firm says in its Global Investment Outlook 2017 Report. “Fiscal and regulatory changes, by contrast, are likely to favour some sectors at the…

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