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DBS: “Trump Trade” will continue boosting DM equities

“The ‘Trump Trade’ may go into hiatus, but it is unlikely to go away,” says DBS, commenting on a US policy stance that has been benefitting developed market (DM) equities at the expense of emerging market (EM) equities. The bank describes the ‘Trump Trade’ as the outlook for positive DM equities and USD; negative for Asia ex-Japan (AxJ) equities and…

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