This week: EFG’s Simon Godfrey: HY defaults likely to increase despite central banks’ stimuli; Pictet WM raises gold price projection; UBS GWM: Be selective as equities are “fully valued”; Now is a “decent entry point” for credit investors: Indosuez WM, Vontobel AM; Weak economic data not suggestive of a bear market: DBS Bank’s Hou EFG’s Simon Godfrey: HY defaults likely…
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