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DBS: Equities not yet on the cusp of a bear market

DBS shares its 4Q17 house views on asset allocation strategies, equities, FICC and its top investment themes, with the bank noting that it does not expect equity markets to reverse their gains in the short term, despite stretched valuations. “Barring exogenous shocks – such as the escalation of tensions in the Korean peninsula – the outlook for risk assets, namely…

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