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DBS: Fed tightening not expected to derail US equity rally

DBS believes the ongoing US equity rally will be sustainable beyond any near term monetary tightening, even the plausibility of a rate hike increases. “Nothing—it seems—can deter the robust rally in US equities at this juncture,” the bank says, highlighting a slew of risks that loom large, including monetary tightening by the Fed and policy uncertainties. “But US equities ground…

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