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Dollar-denominated debt issuances in Asia “an uncomfortable echo”, says Rothschild WM

With fixed income securities priced where they are at the top end, Rothschild Wealth Management (RWM) believes rotation may well commence now with risk assets looking increasingly attractive. In a briefing, the wealth consultant says that the cyclically adjusted price-to-earnings (CAPE) ratios of global markets are trading in line with, if not slightly below, the ten-year moving average. This contrasts…

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